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Microcap & Penny Stocks : THE OZONE COMPANY! (OZON)
OZON 11.600.0%Dec 3 4:00 PM EST

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To: R.C.L. who wrote (1223)11/8/1997 2:12:00 PM
From: Marlin C. Harmon  Read Replies (1) of 4356
 
RC,

I am still a novice myself(even after several years at trading and making countless mistakes) but I have found a wealth of knowledge in a few good books that discuss trading.

It looks like our OZON stock has a tendency to do what every small stock does; that is it sits for a long time until those hard earned contracts or some other developments are announced and the stock go up very quickly where it will either stay or settle back down. In my opinion, there is potential in trading during these holding times. You just need to pin point the range and trade in it with less than one hundred percent of your shares. If you trade all of your shares then you will miss out on the upswing which only a few insides will know is coming.

The best book, again in my opinion, to read for rules of trading in trends and ranges is:

"Trading For a Living", by Alexander Elder.

Good luck,
Marlin
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