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

To: LzzrdKing who wrote (4956)	11/24/1998 9:33:00 PM
From: TATRADER	Read Replies (2) \| Respond to of 59879

Lizzard, see you are getting in a festive mood...Personally, I like liver with my turkey as opposed to gizzards..Nothing personal.... The past several months I have become an old man in my trading...Like to see certain daily volume levels before I consider entry..These low volume gizzards are easily manipulated... LABZ--Too hot for me to handle..ADX is at 64--A very mature trend... Using oscillators with ADX over 40, I have a stochastic with a reading of 85, turning down, with %K already crossing %D...I have an RS at 80, and a volume oscillator going down, while price is up...Even the On balance, if you draw a trendline looks like it will hit its head and bounce downward...I like less risky gizzards for my Wednesday watch list, like IDX,MPDI or LASE....Take a look at MICA...If oil moves to 10.00 a barrel, I hope to pick up my RDC at 9 1/2 on a reversal...Got out with a scratch trade on this one, lot of action, and don't know how long 10 1/2 will hold...Very close to triple bottom on oils, and you better believe it, I will be trading them on the way up, whenever that is...Happy Thanksgiving to you and the other creatures in your family..All the best...Improving each day, Mark Still waiting for gold action again as well....Regards, Mark