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Non-Tech : Technical Analysis a la Edwards and Magee

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To: Ally who wrote (22)3/23/1998 1:08:00 PM
From: marketbrief.com   of 40
 
Denise: For chop stock, see Business Week December 15, 1997 issue called "Ripoff! The secret world of Chop Stocks and how small investors are getting fleeced", a special investigative report by Gary Weiss. They estimate that 50 per cent of the transactions on NASDAQ Bulletin Board and Small Cap market, $10 billion per year, is in chop stock. That's why I get really burned up when people keep knocking the Canadian markets. The Vancouver Stock Exchange only traded C$318 million in the month of January 1998. The bottom line is that people should do research and we plan to show them how we do ours.
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