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

To: TATRADER who wrote (1739)	7/23/1998 10:19:00 PM
From: shasta23	Read Replies (1) \| Respond to of 59879

Hi MARK! Just came home after going to work about an hour before market close and the first thing i saw was that the market had really tanked. But then i saw the closing price of TRBDF and couldn't believe it. I had noticed intraday that the stock got stuck at 12 1/2 but that most trades where going through at the ask and had the picture that demand was chewing through the supply in that area. It will be interesting what will happen tomorrow since the stock closed almost at the high and when i look at quote.com the big buys where coming in even in the end. So it could even go higher. BTW the general TA constellation (MACD,STOCH etc was the last two very similar to the big move in mid april.A similar %age Move would be awesome! BTW just checked your stock FSFT. I don't know but i have the gut feeling that this one will go up again too. It held up pretty well in the negative atmosphere and held above the 50% retracement of the move which i guess could be considered bullish(if the retracement goes to 66% the stock is weaker). So i will watch it tomorrow and maybe jump in early on. General market really bad. The DJ couldn't hold the last intermediate low and per dow theory we're not in an uptrend any more. But i increasingly like this short term stuff and i guess it doesn't matter that much with this time frame as long as the market is doing something.... Thanks as always for the unselfish sharing which allows people like me to learn. I wish i could give more back to you but hope that this day will come... Stefan