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

To: Willsgarden who wrote (56991)	12/19/2006 2:47:08 PM
From: Willsgarden	Respond to of 59879

bot 1000 PGLA at 4.74

To: Willsgarden who wrote (56991)	12/19/2006 3:42:11 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

most of the time the bounce is 25%, and it already did that with its move at 5.86...That is where I should have sold when momentum failed....PGLA...So the odds say that it is done now and will go sideways to down... Why I hung on, is because of the ACOR connection...Which tells me that the pennant still has a chance of a move at 10.00...Odds are 1 in 4....So not good odds, but my loss will be minimal here, since the stock is presently sitting at the area I bought it...