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


To: Chisy who wrote (8346)4/24/1999 9:09:00 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
chisy, we will have to work to get the love of my wife and your love refocused on the men in your life rather than a certificate hanging on
a wall...Never love a stock(at least men sometimes talk to you)...I have compromised with my wife..She will have her BEAM as a core, but I am going to open another BEAM position to trade...BEAM should have trouble in the 17.50-18.50 area, but again if you throw 5 million shares of volume at it on Monday, I may withdraw that resistance area...I really feel BEAM is going to be a 30.00 stock in 6 months or less..That is almost a double from here...MRPS, if she can hold above 2.75 on Monday close will be entering uncharted territory..No overhead..It will be up to the momentum crowd to determine your fate over next few days..At this point, I still will pass on MRPS...Mark

P.S. Real reason i am passing on MRPS is that the ADX is over 40, RS and simple stochastic are showing overbought, and RS peak is lower than in past when stock was spiking at a lower level..Dum reasons, I know..