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Microcap & Penny Stocks : 1 jewel on the otcbb = MYCO

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To: Ronald P. Margraf Sr. who wrote (58)3/1/2001 12:46:33 PM
From: LORD ERNIE  Read Replies (2) of 224
 
Answer from some other analist:µ

By: bluefish17 $$$
Reply To: 4345 by kobbetje $$$$ Thursday, 1 Mar 2001 at 12:20 PM EST
Post # of 4350


I do believe that TA has it's uses but not if the analysis is not reliable. For a stock with Mycom's volume, Bid and Ask spread, and volatility it is not even remotely reliable. With a 30% to 50% spread, your analysis will give you completely different result depending if the last trade was a buy or sell.
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