Paul's OTCBB Charts Scan Message Board

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Microcap & Penny Stocks : Paul's OTCBB Charts Scan

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To: Paul J. Sharga who wrote (276)	8/18/1999 9:54:00 PM
From: Cola Can	Read Replies (1) of 292

Hi Paul, I'm just starting to get into using charts and TA. I came across your thread and found it interesting. Since I'm still new at this, I wonder if you could help me out on a couple stocks. The first is ETN. The price went down somewhat, and now appears to be moving side ways. In your opinion, how would you interpret what is going on. I see an ascending triangle and I also see a rectangle. I don't know what to make of it. Any help would be welcome. The other stock is MZEI. I tried my hand at using the charts to invest, and bought 4k. (About $800.00) I don't want to go overboard, until I get a feel for this. Looking at the charts, do you think I exercised good judgment? Time will tell, but if I did wrong, I would like to know why. I bought in to it Tuesday. I can already tell charts will tell you which stocks are going up or down. I just need to get my feet wet and learn how to read them. I've had enough of hypesters, stock newsletters, and that sort of thing. Thanks

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