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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: SCOOBEY-DO who wrote (3078)10/29/1999 9:57:00 PM
From: Ronald P. Margraf Sr.  Read Replies (3) of 18222
 
Hi Scoobey,

Well it looks like we are right on target. Like I said, "watch the directionals". They flattend out the other day when I told you and they are now on the down side. We should see another bump on Monday and Tuesday and unless something really spectacular comes out in the news a sell off on Wed. Now of course I am going by the historicals but lets see if the program is right. It was right on target again for this move. I'm guessing but I would suspect that we should see on Monday a 02-04 move to the upside again followed by that again on Tuesday. Wednesday will be anybodies guess. We will have to see how the cards play out next week.

The MACD made a solid move to the upside and crossed the line. Vol. was high today and of course the price was up .04 for the day. The directionals indicate that there will now be a sell off by all the individuals that have been accumulating. They will be the one to drive the price up. Apparently the stock dried up. But have no fears, there will be plenty out there to buy next week. I would suspect that this game can only go on for a couple of more week before things really get tight. I have been watching this real close and I would say that things are really starting to tighten up. The next 2 weeks should be real interesting.
If I'm reading the program right, I would say that the new bottom will be in the .11-.12 range and from there it should really start to tight up even further.

Now with all the irons in the fire and if anyone of these starts to pan out and the PRs come out with the right format then we could see a real substantial move to the upside and from there it is anyones guess.;-))))))

So lets hope that the news is good and the program is right. So far so good. Remember, WATCH the directional. I'll put my money of those for right now.

Catcha on the upside,

Ron
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