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


To: hotlinktuna who wrote (55097)5/3/2006 12:00:34 PM
From: lexi2004  Read Replies (4) | Respond to of 59879
 
SOIGF..Yikes!! We take that chance when we buy high as I often do with momo stocks. $3 was support before, so worst scenerio would think it would be good support again. Doing the fibs of this past run...it has already retraced 50% and looks like around 3.70 or so is the 62% retracement. Volume has slowed down somewhat and buyers are coming in intraday so far, so maybe you've seen the worst. Lots of my mini energy stocks are down. I bought PUDC at 4.99 in my IRA..it hit over 6.3 yesterday as I recall and the low so far today is 5.50. I'm holding this one longer term..it's coal, so might add to those shares if I can find the money.:)

Good luck.

Lexi