TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Buckey who wrote (91110)	9/3/2001 11:42:11 AM
From: eichler	Read Replies (1) of 150070

Buckey, FWIW, I'm in on this one with you. I believe there is an opportunity for rally on this one from a TA basis read of the daily chart. Indicators (Sto, ADX) confirm a rally or possible breakout of the LT Downtrend. Price obviously has been hammered relentlessly to an unreasonably low level provided this one is not going out of business. The volume increase this last week implies an increase of trading interest and opportunity for profit. Using my own idea of 30 EMA on the daily chart, I see potential to re-test the .50 level, the last base from which price deteriorated to the latest round of lows. Perhaps, if some buying pressure re-emerges this week, it could go higher.... Certainly, if an overall market rally ignites, couldn't hurt this stock's prospects. I'm not suggesting a LT position, just ST good % profit opportunity. home.earthlink.net Good luck to us all on that one. Regards, Eichler

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