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Microcap & Penny Stocks : ROLLING STOCKS

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To: Walter N. Schreiner who wrote (76)10/16/1996 4:01:00 AM
From: Salim Ilmudeen   of 233
 
Very long post, Part 2 of ? re: NSCP
****************************************************************

Here we go again..

4. Look at the price ranges of the stock for the last 6 months or so.

From April 96 to October 96 (starting from April 96):

Uptrends: Downtrends:
~39-~68 ~68-~56 (All prices are approximate)
56-75 75-56
56-67 67-48
48-65 65-42
42-56 56-39
39-48 48-35
35-50 50-39
39-? (Currently at 44 1/4)

You can look at the chart at stockmaster.com or in any other charting web sites.

5. If you draw a line along the tops and bottoms, especially from July 96 to Sept 96,
you will see that you can predict the next bottom and top w/o much problem.

6. IMO, I think that NSCP is in uptrend now. (of course that can change any moment).
The reasons for that is because NSCP is trying to put some pressure on MSFT.

More later...
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