TSIG.com TIGI (formerly TSIG) Message Board

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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: cicak who wrote (33771)	8/20/1999 10:13:00 PM
From: MskiHntr	Read Replies (1) of 44908

All it tells me is that the price is going up. How far? For how long? I don't know. I let the market tell me when the stock wants to rest, i.e. back and fill. Save that url I posted and you can check it on a daily basis. Watch the dotted green line in the bottom frame. It is currently emerging from a very oversold condition (below 25). I want to see that dotted green line get into a very overbought condition (which starts at 75). As it rolls over, the stock loses momentum, that is, the current buying wave reaches an exhaustion area; then the stock rolls over and backs down in price, eventually stabilizes (new buying) and then stairsteps back up (hopefully). Review the past price action on the chart and you will be able to see the events cited above unfold.

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