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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: scouser who wrote (4121)7/18/1999 10:26:00 AM
From: Bob B.  Read Replies (1) of 150070
 
Thanks Scouser:




Thank you very much for all of the info that you have provided to me. It is very much appreciated. Actually, I am familiar with the MACD graph and consider it a very useful tool, especially in slower moving markets such as big board stocks. It seems that in the OTCBB area the stocks move a little too quickly intraday for the MACD to work effectively. I have found in my experiences that the MACD is sometimes a little behind fast moving stocks. In my particular investing style, I rarely will "chase" an OTCBB stock after a run up. But, after taking a hard look at the Wilder %R graph, I have found it actually can be used to an investor's advantage to predict a run up in the stock a day or two before it occurs or to even predict a NR. And when used primarily, in conjunction with a positive looking MACD, look out! Take a look at this as an example:

I have been following CSIN for some time,

Here is the Wilder %R chart, the stock broke the -50 line on June 22, also notice the positive MACD:

bigcharts.com.

Here is the press release on June 28:

marketwatch.newsalert.com.

Here are the historical prices between June 22 and July 7:

tscn.com.

I would strongly advise everyone to take a good look at the Wilder %R graph. Pull up a few of your stocks which have made some runs in the past and see how the graph worked on it. This has been only one example of my findings. Best of luck!

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