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

To: TATRADER who wrote (500)	5/22/1998 1:05:00 AM
From: Carl Worth	Read Replies (1) \| Respond to of 59879

Mark- I am curious, how do you define an expansion breakout? Also, when you cite those statistics on pullbacks, is a pullback: 1) A close below the open 2) A close below the previous day's close 3) An intraday pullback to close far below the high of the day 4) ? Thanks for the info, I am also in the process of formulating a strategy to make my trading more uniform. If you get a chance, take a look at the chart for WND, even though it wouldn't fit your 12 or less criteria. I have bought this stock several times, the most recent at 26.12. I got stopped out of it today, as it failed to hold yesterday's low, and that is how I usually place my stops on a stock that has retraced 50% and then attempted to rally again, which WND did yesterday, finishing basically unchanged. Now I am waiting for a pullback to oversold, followed by a morning star or piercing line, some type of bullish signal and move above 30 stochastics on big volume to enter again. Anyway, interested in your ideas on this one, as I would have liked to have sold closer to the 34 high. Thanks in advance, Carl