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


To: John Crovelli who wrote (3005)9/11/1998 1:15:00 PM
From: TATRADER  Respond to of 59879
 
John, I hope you are right...I violated a trading rule today, by not fading the gap on gold stocks...Most of the time when I do this, I get my hyde tanned....I see AKSEF is back in the high 1.60's....I am still looking for at least 2.00 before the deal is finalized on October 7th...If oil prices continue to strengthen, may get closer to Talisman 10 to 1 sooner....Right now AKSEF should be valued at 1.90...Mark

P.S. If any of you are wondering why I bought PKD at 5 1/2...Check out the Head and Shoulder bottom being formed...We are now finishing the right shoulder...Neckline is at 6.00...Once we break, I'll pocket my 2 points quickly...Remember on any entry set a sell stop immediately...
We can survive a lot of little losses, but big ones destroy us...



To: John Crovelli who wrote (3005)9/11/1998 2:04:00 PM
From: lightfoot  Respond to of 59879
 
BMG is also a play for a possible gap Monday if the STARR report is negative. I'm also feeling that the dollar could weaken with this turmoil in the White House. But don't forget Greenspan is scheduled to speak on Tuesday! He always causes the dollar to gain strength.