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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 (56627)	11/7/2006 10:25:17 AM
From: lexi2004	Read Replies (1) \| Respond to of 59879

If 10.35 is ST top of this move up, fibs for 7.60 to 10.35 are: .382 = 9.30 .50 = 8.98 .618 = 8.65 If I recall correctly the last move up it pierced the 50% fib then moved up, not going to the .618 fib. Lexi

To: TATRADER who wrote (56627)	11/8/2006 8:48:36 AM
From: lexi2004	Read Replies (1) \| Respond to of 59879

Yikes, woke up to LMRA now at 8.10...assuming it's due to private placement and earnings. Lexi

To: TATRADER who wrote (56627)	11/8/2006 9:16:19 AM
From: lexi2004	Respond to of 59879

LMRA...now doing a fib of the entire move from 1.45 to 10.35. .382 = 6.95 .50 = 5.9 .618 = 4.85 Now don't know that it will hit any...maybe could hit the 6.95, but see this drop as a buying opportunity. The product hasn't changed, potential upcoming earnings look good, and while no one wanted the new placement - this is where companies get their money. I sold the majority of my shares at 9.99 the other day. I kept a very small amount of shares in my IRA that I'd bought in the 7.70s and we're right about there now. I'll be buying this drop, easing into a position. Lexi