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

To: Frederick Langford who wrote (3960)	10/15/1998 1:30:00 PM
From: Kevin Shea	Respond to of 59879

Gizzards: OK another lurker comes out. I'm mostly a TA position practitioner. Was also VERY nervous with the recent tests. But saw some cycle evidence suggesting a bottom. TA's nervousness was a confirming indicator! In PDG (and others) and am targeting (PDG) 21 or so on a strong second (Daily)upleg. PDG resistance at 13 was strong tie to $XAU at 70-72. Same all the way around. Believe that HM led the way in the summer as it rose with rise in $autralian/gold (look at charts to compare). Lot of others now catching up. Completed an indepth analysis of CDE and trying to confirm a 16 hour cycle within a 20 day cycle. It's always nice if you can spot the "wiggle",... and that it lasts for a while. Check out the daily channel on CDE .... looks like it wants to go to 7-8 real soon. However, although gold looks good LT I'm always looking over my shoulder and keep tight stops. Plan to sell my position at the top of the next upleg. Looking for a .618 minimum since this should be the strong leg. Kevin