MSU CORP-----MUCP Message Board

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Microcap & Penny Stocks : MSU CORP-----MUCP

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To: Bert Zed who wrote (2279)	1/20/1999 5:02:00 PM
From: Hawkmoon	of 6180

Where is the thread sage when we need some moral support. Ron, you out there? Sage?? I'm sure that some would debate that... <VBG> However, I have to admit that I was looking at the chart several days ago when volatility was decreasing and the Mr. Bollinger's Bands were tightening. It indicated that we should expect a sharp move in one direction or another... And since MACD and stochastics were peaking out, I figured we were in for a correction of some sort. But I decided to hold rather than trade a portion of our position. Considering the relatively light volume on which the stock dropped (compared to the heavy volume of previous weeks during the run-up), I figure this is the point where the Mmkrs give the stock tree a little shake in order to cover some of their short positions they accrued during the upswing. That is the nature of things. But if the stock breaks its 200 day MA then I might have some concerns. Regards, Ron

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