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

To: gulleyjimson who wrote (52212)	12/14/2005 1:29:34 PM
From: TATRADER	Respond to of 59879

I exited ANLT a few minutes ago at 2.30...My target was 2.36....Here is the equation and how I derived target area... Bull Popper... High was 3.74 and low was 1.90...Difference was 1.84...Bull poppers pop anywhere between 25 to 40%....I always play them at 25%....25% of 1.84 is a +.46 cent move....Add .46 to low of 1.90 and you get the target of 2.36....Now I was off by one cent as I write this email...Remember they can pop as high as 40% so it may yet go higher....But I got my profit and am happy.... Back to RIGL Sitting in 2500 and waiting for 10.50-11.05...Hopefully, sometime tomorrow....