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

To: Rashid Garuba who wrote (4695)	11/13/1998 9:45:00 PM
From: JACK R. SMITH JR.	Read Replies (1) \| Respond to of 59879

Rashid, I understand that this stock is a bit above your normal range, but look as a short or put on RI here at $17.81 with an immediate target of 16.50. If it holds above 17, then cover. Look at AR here $22.65 for a short to sub $20 and keep upward stop close $23.00. ARW is a good shor if it fails at $26.00, and it looks like it has, but I could be wrong immediate target is $18.00, then $12.00 or below. If it holds at the 18 area, then cover and reverse. Since the Master is away, I thought that I would PLAY a little and these are obviously not day positions, but could be played that way. Watch and tell me what you think. As always, I advise no person to trade on my thoughts, only to comment upon them!! JR