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Microcap & Penny Stocks : ROLLING STOCKS
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To: Steve Dunlap who wrote (46)10/1/1996 8:22:00 AM
From: Steve Dunlap   of 233
 
I have tried to take a look at all the "rolling" recommendations
posted in this thread. I use TeleChart 2000 and their data base
doesn't include many stocks...especially BB stocks. I was
disappointed to find that TC2000 charts are missing for XECM,
SEXI,EGAS,ICOS,ADGI and ADGI. I did find SOCR and see that
back in Mar,May and June you had 3 perfect opportunities to
roll through 3 cycles. for the past couple months it seems fairly
volatile and less recognizeable but still offered a couple
chances to catch wide swings. NSCP and NAVR also available on
TC2000...those are a couple of wild rides! you can make a ton of
cash if you catch the bottoms and tops.

I bought AUGI yesterday at 6 3/16. It hit a low for the day of
5.88. Chart shows a "long tail" that I have seen signal a reversal
on this and other charts. Sell order in place at 7 1/2 which "should"
be the neighborhood of the next high and a decent profit for 10 or
so trading days.

I'm keeping an eye on ALTA (Alta Gold). Gold price is falling,
market is high, peace talks in progress, eveyone is confident that
their Good ol' boy will be re-elected; so the price of ALTA is falling
fast. By the time AUGI matures, some of this rosy scene may have
changed and ALTA may be ripe for picking at a low of about $3.
(all this of course IMHO and subject to rapid and embarassing change!)

Good luck to all,
Steve
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