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

To: Magnatizer who wrote (967)	6/20/1998 9:04:00 AM
From: TATRADER	Read Replies (1) \| Respond to of 59879

David, i left AINN a while back and took home 1 1/4 points(sold at 9 1/4)...I tend to lose patience with stocks...Will study it this weekend again, since it made a nice move on Friday...Same scenario with IMPX..It is in my IRA at 1.00(and I believe in it as I do AINN over the next 6 months)but I am a short-term trader.. Here is my IRA portfolio as of this weekend.. 1.TRBDF 2.SNRS 3.WAVX 4.VRTY 5.IMPX Here is my new 6 month pick...It is a bulletin board stock, but I recommend you fundamentalists take a closer look at it.. WAVX---Entered at 4.62 Friday just before close... ADX made its first upmove after a long descent...Reading moved up from 21 to 22...+D1=36 and -D1=19 displaying a postive uptrend... Historical Volatility(thanks Larry Connors) on the 6 and 10 day is calling yet for continued pop...Project move is headed in next two weeks toward old high of 5 1/2... MACD Histogram near a zero line crossover..Momentum indicator up 4 days in a row...RS snuggled near 50, held and is now at 63....Stock closed higher than its open..Higher high and higher low...Volume acceleration with price last 4 days indicating accumulation... Volume 20 day=526,650 Volume 10 day=362,540 Volume 5 day=470.920 Volume 3 day=583,166 Some of the pros who began accumulating 4 days ago will probably take their profits near 5 1/2...But if you study the potential on this stock, you will see it is much greater...Check out the Microsoft connnection... Once this stock gets off the bulletin board, and gets a few contracts signed for (I believe their new chip)we could have a homerun here... Those are the plays I constantly look for... Regards, Mark P.S. Just remember, I am not a stock promoter..I am a little guy who works full-time(no connection with market), not trying to get you to go to my web site for business, or promote my stocks so I can make a buck off of you....One thing on Silicon, it is very hard to trust anyone...I trade, I analyze your stocks, simply because I love trading and want to learn to improve as a trader... AGAIN on any pick I give, I encourage the use of PROTECTIVE STOPS... Keep all losses small, and ride your winners....