NAMX -- North American Expl.-- Que Sera Sera! Message Board

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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!

NAMX 0.0001000

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Mar 7 3:00 PM EST

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To: Sidney Reilly who wrote (945)	8/29/1997 2:36:00 PM
From: Tom Allinder	of 4736

Bob, I use Telescan and because I trade stocks based almost 100% on technical analysis, and have looked a a bazillion charts, I can almost do moving averages visually just by looking at a chart. As I said, I use Telescan's web site for a Quick chart and because the site is always fast (I do most of my trading at work). Fundies are nice but it is my opinion that by the time a new or low priced stock builds fundies, the price has already gone up significantly. Of course, even after the stock has excellent fundies it can, and often does go much higher. I would rather be on board a stock at $5 and ride it to $50 or even better: a .15 stock ride to $2.00 rather than waiting on fundies and buying it at $5. Any stock that is going up with poor fundamentals is going up for a reason. I read Weinstein's book 5 times and it was a revelation every time. Of course the guy who got me into the market (he is a big trader now: Henry Brookins) thinks I am a nut because he buys CANSLIM stocks. To each his own. Your comments and ideas always welcome Bob. Tom

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