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

To: majormember who wrote (733)	6/3/1998 11:07:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

SNRS, trend dead, use Bollinger Bands to determine trading range....Trading range of stock is 7.42-9.17......A good entry point would be in the 7.50 area, however if the stock snuggles into the area and is not repelled upward, and just hangs around there for a few days, the traders will probably take it down as far as 6.50, where the reversal will take place....The company better get its act together about getting that listing....The reason VISX made it, is because of excellent management...On the otherhand, BEAM's management effectively destroyed it(They were PHD's, but still not very smart)...I would like to hear what kind of leaders are heading this company...Delays do not inspire confidence...Regards, Mark