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


To: lexi2004 who wrote (55806)7/1/2006 7:49:40 AM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
Thanks for your comments, always appreciated..

On THLD I have been watching the 15 and 30 minute chart...The pattern that has formed shows me the move should continue next week to the 3.64-3.70 area, with a push at 4.00 sometime later in the week...I will probably exit near 4.00 and take home about 6K on the trade...

I am trying to set my stops a hair below the prior day low...The volume was diminishing on the downside move so I knew that 3.30 would probably hold...I liked the big volume at the end of the day...

Happy 4th..

Mark

I'll check out your huricane stocks...My daughter is doing a summer research internship in Miami beginning later next, so I have a vested interest...Will be down there myself for 2 weeks in August...