Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Yogizuna who wrote (1689)	8/28/2000 1:31:28 PM
From: Arthur Tang	Read Replies (1) of 1911

Dave, a local banker used to tell me about a store in town. He said every day they open the door, they were taking a risk. Insider usually is the last one to know, who will come in the door. HongKong store keepers will try everything to get the first sale in the morning. Cash is king. Yogi, I must learn your system. My system is to draw a line joining the two bottom points. Then draw a parallel line touching the one top point only. If you draw a line in the middle; that is the $5.00 line. This line could go on for weeks on end, because ECN Island (Datek) has no listing for that price. Breakout will happen when some market makers bought back too much(customers oversold). Breakdown will happen when small investors and insiders overbought. Which is the case probably now?

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