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

To: Smiling Bob who wrote (52106)	12/8/2005 3:49:49 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

I follow a discipline on drop shoes..Set a stop, and if momentum on the bounce stalls, get out....Sometimes I am wrong and the 3 pt move on stocks like RIGL happen..(Target with 7.43 as low is 11.06)...Othertimes, the second shoe drops...I can't afford the loss of a second shoe drop... NVAX has attacked with volume the 4.00 level..This is the third assault...There is a safer potential of 1 pt here, and much sooner than RIGL....Looks like I will be standing aside, and not entering NVAX today....Not looking like it wants to close strongly... Regards, TA