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Microcap & Penny Stocks : THE OZONE COMPANY! (OZON)
OZON 11.600.0%Dec 11 4:00 PM EST

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To: Starduster who wrote (2155)1/2/1998 9:56:00 PM
From: Cents  Read Replies (2) of 4356
 
Hi Survivor Sandie!,
Joe meant in that post something pertaining to technical analysis. The 50 day MA is the average share price for the last 50 days! In other words if the stock price goes through that level then there is a possibility that $2 will become a BOTTOM support level rather than a resistance level! Joe bought in! I think if there is a lot of momentum THROUGH $2 then he will ride the wave to wherever he thinks the top is. TA (Technical Analysis) is just a different theology of investment. You are more of a FA (Fundamental Analysis) player. The best is to play on whatever is strongest at the time....play the odds...and the odds look REAL GOOD right now! I think you misunderstood Joes post regarding the $2 MA...no problem...Marlin can explain TA better.

Cents
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