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

To: Charles J. Wajciechowski who wrote (3381)	9/29/1998 10:57:00 PM
From: TATRADER	Respond to of 59879

Charles on CCUR, take a look several days back on volume...The smart money entered in the 1.75-2.50 area..Now you have to calculate where those guys will sell part or all of their holdings...The pattern is rectangle, with a base around 2.00 and top at 2.50...That means the projected move, if 2.50 holds tomorrow will be 3.00...If you entered at 2.00 and made 50% in a 2 weeks, wouldn't you take some of that home...You had a directional indicator crossover today and stochastic and RS are still not oversold, so my bet is that 2.50 does hold and that the stock makes an attempt to take out 3.00, but fails as the greedy(or smart ones) ones sell their shares.......regards, Mark