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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 8 4:00 PM EST

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To: TATRADER who wrote (4210)4/20/1997 11:47:00 PM
From: Syd Deem   of 13091
 
Mark, I don't follow Price Rate of Change but I agree with you on the other four oscillators. Unfortunately I do watch On Balance Volume and Accumulation/Distribution, among others, which did not like Friday's action. As I said Friday night, I think the FA guys set us up for a further decline with their bulish talk making it very difficult for the company to beat their "whisper scenario." I am afraid we might break out of the "rectangle" on the bottom for a while because of this. Investors will just be uncomfortable for a bit; traders that were bullish may be very inconvinienced by this move.
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