Universal Medical Sytems (UMSI) Message Board

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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Jonathan N who wrote (236)	10/1/1997 10:51:00 AM
From: Art C.	of 1672

Jonathan-----Support means a lot of things to different people depending on the past action and characteristics of the particular stock. It can be a particular moving average, a trend line, a previous high or low or just the PE of the stock. I don't have any references to TA immediately available to post here, but I will get you some. Art PS-----Don't depend too much on TA on low priced stocks. They are much too dependent on fundamentals and news (and sometimes manipulation) to predict with TA.

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