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

To: Gardner who wrote (1640)	7/21/1998 7:31:00 AM
From: TATRADER	Respond to of 59879

Gardner, go back to 2-10-92 on your chart...Check out the overhead there....Huge stuff at 4.12 and 4.75-5.12 area..Yes, it is a long time ago, and you can't measure it as much as you usually weigh overhead, but it is still a factor....My take is that we consolidate here...I like VCR but will not buy it on a flag pole unless I am a day trader on my monitor all day long...Would like to buy it around 3.75....ADX moved up from 26 to 29..Remember early 20's is a good time to buy a stock that is starting to trend strongly...MACD Histogram confirms the trend...However fast stochastic 8 day, which I use on all stocks with ADX over 25, is overheated at 95.685...I will pass on this one for now...Mark