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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: Lawrence Burg who wrote (215)2/24/1998 5:31:00 AM
From: Bobby Yellin  Read Replies (1) of 747
 
off topic TA
one has to be very careful though..a lot of the measurements don't
use tic by tic data..uptick or nochange or downtick..when I was
looking at the iecs chart last week and the week before..on obv
and money flow and volume accumulation..it didn't reflect that a lot
of the trades were in between bid and asked and usually on an uptick
within the bid and asked even though the above indicators used
the opening price...hope you understand what I just wrote..
also I have grown completely skeptical of a lot of trades..think a lot
are just market makers playing games...if I see big block buying and
high volume..down the road it is usually a nonbrainer..if I see a spike up on low volume usually a teaser to get people in..if I see
big drop(without news) on low volume..usually a time to get in
comments?
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