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


To: Raymond James Norris who wrote (899)6/16/1998 12:35:00 AM
From: freelyhovering  Respond to of 59879
 
Raymond James Norris--I join Mark in admiring your work. It is a model of excellence to learn from and to strive towards. Thanks, Myron



To: Raymond James Norris who wrote (899)6/16/1998 7:44:00 AM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
Thanks Raymond....Now just a few quick questions on your observations about GATE
1)You stated the Fast stochastic is expressing bearish sentiment...
I use an 8 period fast stochastic which gives a reading of 33..I don't see it as bearish in that the stock is not overbought...
2)I agree with your RS reading...I have the RS trendline pegged with support at 40....
3)I see the convergence of the 17,50,200 day..What specifically do you look for in the tightness of averages...Are you simply looking for crossovers?
4)TASC--interested in formula if you are willing to share it....
5)ADX--yes, was moving up now halted at 33..As long as it doesn't start going down, the stock should be fine...

What baffles me about this stock, is that my friend Zeev is out of it now, because it moved back to 1 5/8 and he claims on the GATE thread that the market makers have been shorting it, for a potential downward slide to 1.00...(report of potential delisting,but this stock I am confident will meet Nasdaq requirements to stay listed)

Question: Is there a way, outside of a better real-time system to see if what he claims to be a possibility of MM'rs shorting...I just don't see that..I know MMr's do their covering when markets are calm and short like crazy when markets are humming..But Gate really hasn't been humming...It did have a couple of pops toward 2.00 though...IBD moved this stock up to an A rating on Monday for Accumulation...

any input appreciated...Mark