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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 (3937)	10/15/1998 3:26:00 AM
From: NW_Trader	Respond to of 59879

Mark: Yes the 8 day is oversold, but I don't think we've put in the bottom yet. I'm seeing support a bit lower based on the following. SEP 23 - 24 gap on the way up was small (69.29 to 69.67), but still might need revisiting - almost got there today. Congestion from Jun 17 to Jul 9 (perhaps even as late as Jul 23) in the 67 to 71 range which finally broke down; on the way back up, there wasn't much resistance. Finally, what passes for my turnips, still point down, tho getting to the point of likely reversal. Gone much of the day and evening so no time for other scans tonite. Despite a sell signal, still holding ABX (still a profit) and HM(a scratch now). When will I learn? If I don't see improvement tomorrow, should sell as I won't be around Friday. Peace and Justice --- Patrick

To: TATRADER who wrote (3937)	10/15/1998 5:09:00 AM
From: SnowShredder	Read Replies (1) \| Respond to of 59879

Hi Mark, I was watching the local stock channel in LA (while preparing for a presentation), and Jake Bernstein likes gold too. He was talking about futures, but that is also good for gold stocks too, right? He said as long as gold remains above 290 the trend is intact (he thought 296 was a buy). He also thought the market indexes would retest lows, if not lower in the next couple of weeks. Also I received some junk mail (advertisement for a gold newsletter) that said DROOY was the best place to be in a gold rally & that the fundamentals are great (currently no position). I'm with you on ASL, been holding now for a couple of days. Best of Luck, Where'd He Go?