Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rashid Garuba who wrote (3798)	10/11/1998 1:02:00 AM
From: Mike Sawyer	Respond to of 59879

While you're looking at possible short plays, here's a few that I was looking at. Any thoughts? SYY PDG EMPI RXSD ABX FLO NCR - gap unfilled at 26 PCL MYL

To: Rashid Garuba who wrote (3798)	10/11/1998 3:34:00 PM
From: TATRADER	Read Replies (2) \| Respond to of 59879

I have run 4 scans on 170 short pick stocks...For tomorrow only, here are a few to further chew on... 1.ENVY did a 180 Friday...Looks like Head and Shoulder Top with target of 10.00 a share...Best short area would be around 20.00.... 2. DTLN break of 20.00 only to target of 10.00..Does not look like it will reach 20 for several more days, but we will see.. 3.BEAV...Break below 15.00, potential target of 7.50 4.TERA at 6.41(if it hits target only on Monday) 5.HEPH at 11.15(if it hits target only on Monday) 6. BAANF at 15.87 Ok...I would like some of you guys to tear apart AVID, Rashid's last 10 point score with all your technical indicators...I want you to tell me what you see with various indicators that can give us a clue for future big winners...I observed a Head and Shoulder Top with neckline at 25.00..I informed Rashid several weeks ago that it should be good for at least 10 points...Rashid entered and took home the bacon... I have noted how the ADX moved from the teens all the way to 36 on the descent from the right shoulder...Then ADX held at 36 for several days, went down to 35, but held at that level, until it zoomed up into the 40's when news was released....Lesson learned....ADX can go down a point and hold for several days, before resuming the strong upward move....I noted too that the RS on AVID was a picture of a double top....Anyone have any observations on volume levels.... Regards, Mark