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

To: Christopher who wrote (4419)	11/1/1998 5:24:00 PM
From: Christopher	Respond to of 59879

Mark, After long reading, it seems SUNW breakout was genuine. I read some book where the author says that if the volume on the day of breakout is light but increases on the next two days then it is a genuine breakout. This is the case with SUNW. SUNW has also created an ascending triangle on the weekly chart. They were featured in Fidelity newsletter last month. They were featured in IBD yesterday. I am crossing my fingers!! Good trading. Christopher

To: Christopher who wrote (4419)	11/1/1998 7:03:00 PM
From: TATRADER	Read Replies (2) \| Respond to of 59879

target on SUNW is 65.00...good buy area is in pullback area, 55-56.00..Would not open new position at this point..Pattern is 35 by 50...I am looking back about a year..Not the pattern of the last two months..That pattern only gives target of 60.00..Looks like fund buying in 50-55 area...Nice pattern...ADX looks good..MACD Histogram has stumbled...Don't think she will make it past end of Bollinger band on this run...that is 59.43...Time for some consolidation...got to run, wife wants me to watch Packer game..Wife daughter, dog, and mother-in-law are all cheeseheads...Regards, Mark P.S. Why do I still stick up for the Detroit Lions, that they will be Super Bowl material??...This is like hoping gold will hit 400 by year 2008....