Bid.com International (BIDS) Message Board

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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: Curious Gamble who wrote (7242)	1/25/1999 7:02:00 PM
From: Otto GRAF	Read Replies (1) of 37507

To GJP, Bid.com has the same pattern than the internet sector (almost) and almost the same than the Nas. comp. I mean if you look at the DJIA index and at the Nas. comp. you will be able to see with the RSI 7 or 14 periods that both indexes are on the down side I mean big divergence on the down side. Today we had a technical rebound, but trust me it want last too long. You will be locky if it last more than two or three days. I have the feeling the DJIA and or the Nas. will continue to decrease no lather than tomorrow or latest Wednesday. But if you have a big news coming out tomorrow well definitely the tech. ana. will be ignored completely. The tech. ana. is usually right at 75% + - Otto Graf

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