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

To: ACAN who wrote (55812)	7/7/2006 7:42:03 AM
From: TATRADER	Respond to of 59879

OPWV- I like to see an $8.00 or higher drop with large volume....If 7.44 holds as the low, a projected 25% move would only be to 8.44...So right now I'll pass on it... Remember too, when the momentum stalls on the bounce, you get out regardless if it hits your target area or not.. Example: THLD (still trying to make some money on that one) THLD crashed from 14.00 to 3.00....The projected move from the low should have been 25% or $5.75...It never made it...The move stalled at $4.75....That means a tight stop should have taken you out, so your profits were not taken from you....I got out profitably on my first trade with THLD, but had my stop set back below $4.00 which cost me some profit money.... Mark