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

To: Benny Freeman who wrote (444)	5/20/1998 1:49:00 PM
From: Rashid Garuba	Respond to of 59879

What's working against PCSN is it's growth prospects, which at this poit are an unknown. We have to watch it though. This is a TA only thread. I think PCSN has a couple days correction in it, then another run. A good rule of thumb is when a stock flies, a bounce typically happens after 2 to 5 days correction. While we were not watching, for example XYBR bounced today, three days after it's first run. Bounces are actually more reliable and lower risk than trying to make money on day 2 or 3 of a run. What is PCSN worth?? I just watch the charts. The market will tell us. Rashid