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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 (393)	5/19/1998 6:52:00 AM
From: TATRADER	Read Replies (2) \| Respond to of 59879

Happy, I haven't been watching the Russell, but should be...Yes, it is a warning sign...Two days under 470, and we are looking at pullback time...I cannot short for the contest....I will not be able to pull off the first 3 places since the traders are day traders who are on their monitors all day long...Their strategy, would have been mine if I had the same advantage...They are riding stocks in the 2.00 area, that are momentum based and moving rapidly...They scan for which breakouts are taking place on a day, do a quick study and then enter...The other day they rode XYBR....Since I am only here over the lunch hour, it puts me at a distinct disadvantage....If I can finish in the top 10, I will be happy with that....Regards, Mark P.S.Keep your eye on IFCI in the next 3 days....