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Microcap & Penny Stocks : lcav
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To: Harry W. Lowe who wrote (203)2/11/1998 7:39:00 AM
From: Manny Gugliuzza  Read Replies (1) of 942
 
good morning! i had 1.82 with triple parallel down trends. but by the the time a neg signal comes on some of these short term trades you have lost some valuable ground.

today i have 1.79 at the top of the 7 day bollinger band to be touched or broken are you using 5 day? cause i am a day behind you. hopefully not a dollar short. i went to 7 days after reviewing the previous longer drops but i did use 5 day on the way up. anyway this coincides with the triple downtrends.

also i have a parallel long term up trend channel drawn from the highs of the 2 pervious false starts and the last 2 bottoms and these seem to be coinciding with the bollinger bands. this is what i use to use before mr. john devised those bands. his are a little easier and not so much drawing needed. but i use both for back up now.

i agree though it needs to not just touch but close above those points to test the 2.20 line i have and yes that is either today or tomorrow.
these are the points that i have in triangulation out to near the end of march if this undulating type of trading continues.

some great fundamental news would be good here pappy what's cooking ?

this would reset all the charts and technicals. where do you think fair market value is or should be for this company anyone have any fundamental data to support?????????

thanks again harry for you continued help and analysis and did that count yesterday? seems like the fight of the century for those bears for market control.

ar.
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