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


To: GTC Trader who wrote (57927)3/9/2007 7:24:57 PM
From: lexi2004  Read Replies (3) | Respond to of 59879
 
Ken,

Thanks for input on RNVS. I'm not in it right now, but saw it moving and wanted to share it with anyone who might be interested.

Regarding your LMRA price for entry, I did the fibs for the whole move from 1.45 to 10.35. Remember, these are a guide; they don't always fall exactly, but rather give some help as to potential entries/targets. Also use the moving averages, etc..

38% = 6.95

50% = 5.90

62% = 4.85

79% = 3.35

===============================

I sold some shares on the dive, but then bought them back, like him or not, I think Cramer does give some good tips and he says don't sell with the panic. Wait awhile and often times you have a bounce. We'll see if I should have remembered that tip or not.:)

Lexi