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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: dabonenose who wrote (33651)11/29/2002 9:01:43 PM
From: TATRADER  Read Replies (2) | Respond to of 59879
 
we'll have to have lunch oneday dab.....Maybe we can have a Gizzard Convention in Toronto...Until then, I'll try and share an occasional message, when appropriate with the thread...Glad the message may have helped...

I bought 15,000 AIRN today at 1.05...I did it for several reasons..(AIRN is one of the 5 stocks I follow every day and know like the back of my hand)
1.MACD Zero line crossover
2.Breaking out from consolidation
3.Great pattern, pattern is calling for a 50 cent move
4.Trading well below book and cash, book at 2.34 and cash at 1.60....
5.Company buyback plan in place, they have a vested interest in keeping this above a 1.00 now
6.Heavy insider buying, particularly noticeable was Desch buy at 50 cents, and Stonestrom at 68 cents....
7.Closed near the high of the day
8.Overhead doesn't start until 1.75-1.80 area....but there may be some profit takers at 1.25 who want to secure their doubles...
9.Overall market down today but AIRN up strongly, a very positive sign...

Another MACD zero line crossover stock today was ASTM, looks like a 75 cent target here....

I am back trading again.......GO GIZZARDS.....Put SEPR on Monday watch list....Find me good patterns, SEPR is an example...