MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.49

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Jan 8 4:00 PM EST

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To: eichler who wrote (67333)	1/20/2001 11:57:18 PM
From: gfs_1999	Read Replies (1) of 99985

OT: EICHLER, thanks for your penny stock lesson, I see that you like Ask DrBob board, I am a casual penny investor, my last trade was Lexar (LXRT), I read here someone talking about Lexar and looked at news and chart. I placed 2 days bid orders to buy at 5/8 or better but my broker told me that OTC bid orders are very hard when a stock has small daily volume (It is true?) so I place a market price order and bot at 11/16. Sold friday 70%of my position. I use RSI 5 days and when it reach 92-95 I sell. I like to buy penny stocks when they are in a flat range. Could you give your opinion about American Bio. NasdaqSC: MABA ? It placed a bottom at 1/2 and retested and now is showing good volume. Maba in jully exited from BB to Nasdaq Small Cap, I thing Maba need to go above 1 to avoid to be deslisted again ( I'm not sure if Nasdaq Small Cap has this rule) Best Regards GFS

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