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Strategies & Market Trends : Aardvark Adventures
DAVE 205.85+0.9%2:21 PM EST

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To: ~digs who wrote (6582)7/2/2009 9:34:19 AM
From: Jibacoa   of 7944
 
In general, i don't participate in momo plays of this nature

I also am not a momo follower.<g>

I always have an interest in 'chart patterns' and usually lurk around in your thread as well as in Julius' and others, but in general don't follow any 'penny stocks' that isn't also followed on Bill O'Neals' Daily Graphs.(That frequently eliminates >90% of the entries.<g>)

I had followed ANDR after the spike from Sep 3 to Sep13 and liked the accumulation pattern on the stock since late March, so I decided to pick up a few Gs taking into account the resistance at $0.05

When the news about the deliveries to HP came out early yesterday and the stock went over the resistance at $0.05 with good volume, I decided to add to my position.

finance.yahoo.com

The upward move during the day was OK. I mentioned the difference for intraday playing with BORL which broke the DT and went through the resistance at $0.05 on Apr1 and has continued a good UT but doesn't offer opportunities for intraday playing after the repeated UGs. <g>

RAGL

Bernard
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