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


To: TATRADER who wrote (56498)10/16/2006 3:24:49 PM
From: hotlinktuna  Respond to of 59879
 
Good luck Mark, took gains on JST, SIM, and KSW this morning...hope the week can finish as well as it's starting! tuna



To: TATRADER who wrote (56498)10/16/2006 4:15:43 PM
From: lexi2004  Read Replies (2) | Respond to of 59879
 
LPTH....Good. Was waiting for closer to the 4.70...actually had an order in for 4.72, then when it dipped to 4.82 just jumped in and bought. No wonder it can fly - float only 3.6M. Bought some AFOP today...22.4M float. Have been checking floats on some of these tech stocks and they must have had reverse splits. WFII has been having some action and it only has 45M float.

I'd bought some DSTI to just hold in IRA in mid $5's and it almost hit $7 today. It's another low float mover.

Lexi



To: TATRADER who wrote (56498)10/16/2006 8:39:36 PM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
Mark...Would you kindly refresh my memory regarding the definition of a Bull Popper? Know it's a bullish movement up, then we buy on the retrace...but then is it for a bounce or do you look for it to exceed the first move up? $6.56 was the high the other day.Are we looking for a certain %age from the 4.70 entry or what?

Thanks,

Lexi



To: TATRADER who wrote (56498)10/16/2006 10:37:00 PM
From: Malyshek  Respond to of 59879
 
Any opinions on RAE? Interesting chart and in a sector (homeland security) that is bound to have some runs. Thanks.



To: TATRADER who wrote (56498)10/17/2006 8:51:39 AM
From: lexi2004  Read Replies (1) | Respond to of 59879
 
Hmmmm...found the answer to my own question. LOL...One more question though - do you count AHs trading for numbers. For example, LPTH hit 4.77 in AHs. If that's the low of this pullback do you count an AHs number or do you go with the low of pullback during regular market trading?

Gizzard talk:
1.Bull Popper- a gizzard that has spiked upward with 3-10 million shares traded, and now is in pullback phase...The gizzard trade calculates how far the stock will pull back before rebounding...The bounce is the popper.....
A. The stock moves up over a course of one-three days, 40% or more from its closing price on the day before the move....
B. The stock has to make its breakout during the trading day, not a gap up..
C. Once the stock reaches its high, remember that number..
D. Now subtract the closing price(the day before the move) from the new high...Multiply that number by 66%....Take that number and subtract it from the number of the new high...This will give you the pullback area, and where to buy the stock for the bounce..
E. Now subtract the difference between the pullback area and the high, multiply by 25%...Take that number and add it to the pullback area, for the target on the bounce....Remember, once the momentum dies on the bounce, get out, even if it doesn't reach the target area...