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

To: lexi2004 who wrote (58005)	3/14/2007 11:59:12 AM
From: bumblin bob	Read Replies (1) \| Respond to of 59879

Thanks! I used $6.33 and $8.57 and got: 21.67 15.85 12.19 10.77 10.63 10.36 8.57 8.01 7.71 7.45 7.41 7.19 6.89 6.33 5.77 5.47 5.25 5.21 4.95 4.65 4.09 2.30 2.03 1.89 0.47 -3.19 -9.01 $6.33 was the low according to my (5 min) chart at the open, but don't see it now as I try to explain my reasoning. :O( Anywho...had I bought it yesterday at $7.45 (when I pointed it out to Tuna) and sold at $8, then rebought at $7.41 and sold again at $7.70 area, I would have had a nice profit for the day. It's now back to $7.41 and looks like it's holding but I wouldn't rebuy here because the trading range has been narrowing. I would probably wait until it dropped back to $6.89 or so. I realize that these aren't always the exact price that the stock will actually get to, it's more of a guide that narrows the targets. As I said before, I'll "paper trade" using this for a few days/weeks until I'm more comfortable with it, but I'm impressed so far. I'll also try the ST, LT to find the "clusters". Thanks again.