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

To: shasta23 who wrote (623)	5/28/1998 6:08:00 AM
From: TATRADER	Respond to of 59879

Stefan, IFCI,you are getting good...Just remember, the pros use these measurements too, so try and get out before they do...In a raging bull market you can use the Fibonacci ratio of 1.62 x the pattern difference...I have the pattern at 4.50 by 7.00=2.50.....That would give a target of 11.00(which I think is the 6 month projection of some brokerage house)...But right now, I feel safer just measuring the pattern and adding it to the neckline...That makes your 9 1/2 a worthwhile and safe target....Keep up the fine work...If you spot any other patterns like this let me know...This is a beauty...Regards, Mark