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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 (4145)10/21/1998 10:59:00 PM
From: Dan Lisman  Read Replies (1) | Respond to of 59879
 
AMMB, At first glance I thought this looked like a classic head & shoulder reversal with price at neckline (ready for break out to upside). But ALL of the volume is in the head portion of the chart. Wouldn't this indicate that current activity at neckline is really distribution? Even though the price is going up, I would think the "smart money" would be selling into this rally.
Time to short AMMB?
Dan



To: TATRADER who wrote (4145)10/22/1998 9:51:00 AM
From: NW_Trader  Read Replies (1) | Respond to of 59879
 
Mark:

DMIC - long downtrend, since June very similar trade pattern to KMAG. The recent activity seems to be news related to be based on takeover rumor. Be careful. What did you see?

Peace and Justice --- Patrick



To: TATRADER who wrote (4145)10/22/1998 10:00:00 AM
From: Rashid Garuba  Read Replies (2) | Respond to of 59879
 
Mark,

Some very confused folks at AVID. They warn, stock tanks and actual earnings are much better than the warning. AVID up 4 1/2. Sitting smack in the middle of tha gap.. won't touch it unti close today.
Rashid