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

To: Shanker Reddy who wrote (4549)	11/16/1998 6:43:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

shanker, better late than never...ALSC...Reversal area should be in the 3.00-3.37 area for consideration of going long...You have the neckline of a double rounded bottom from the past sitting at 3.00 area...Plus if you peg the move from 1 to 5.00 and take a 50% retracement, the buy area is right in the 3.00-3.37 area...Bollinger extreme sitting at 3.02 and top of envelope at 3.18, again falling right in my target reversal area...boy this is fun....Probably won't enter because as you know I am a coffee shop trader, only hear to sip a coffee and make a few quick trades at open and close at lunch or in last 30 minutes...Regards, Mark P.S. if i could be around more, I think I could really be dangerous...