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

To: Findit who wrote (59169)	10/9/2007 8:24:53 PM
From: lexi2004	Read Replies (1) \| Respond to of 59879

Jim, You are more than welcome and since you have watched it and I haven't, you know why that volume is as it is and that's important. Another thing I think really gives good clues to what is going on is the money flow. I know I've mentioned before that while I liked LMRA it seemed the money flow wasn't that good even on runs. You look at a one year chart of LMRA and it's almost all red money flow. Then VK brought DPDW to my attention. The entire year appears to be at least 95%+ green in the money flow. That alone should have given a clue to it having a real base. From August until now DORB has had positive money flow - a good sign. .69 is a high in '06. Even though I go back years to check for prior highs and trend lines, I did a shorter term chart for you so you could see more clearly the info. Also moving averages are important, but since I had fibs and a trendline, plus notes, it would have been too busy. Anyway, you are a good trader and have made some great plays. You have an eye for good picks, so I know you'll do just fine playing it. Lexi