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Microcap & Penny Stocks : MNTG... MTR Gaming.... Let's Go To The Races....
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To: Jay Mowery who wrote (180)3/6/1998 6:35:00 PM
From: Robert L.Stone  Read Replies (1) of 645
 
Have a great weekend to all who posts here.

The market makers main job is to put people in an
out of stocks.They make money when people trade.
There main goal is to have you buy at a top,than
panic you out of the stock by taking the stock down in price.
Then selling the same stock again and again.

previous cycle 2.53 top
1.46 bottom

Last cycle 1.46 bottom
2.90 top

Current cycle 2.90 top
???? bottom
Where climbing a mountain 2 steps forward 1 step back.

The up trend will continue.The question is at what point will
the stock reverse an move forward again? Were testing the breakout
area.

Today we had a higher low then yesterday"s 9/32.
Now that the stock is down it can once again start climbing the wall
of worry and continue its advance from here.

I think a lot of people are looking at 2.25 as an entry point.
Will the market makers let them in at 2.25 then continue down to
1.875 about one point from the high like they did on the
2.53-1.46 cycle.

NO! NO! NO! NO!
They can not do the same thing again.If they do they will not catch
people off balance.

I feel we have seen the low at 2.28.Were going to go back up
getting back to 2.90 on light volume, then fall 1/8 then reverse plowing thru $3.00 on heavy volume.While the dow is moving down.

You're guess is as good or a lot better then mine.
How do you think the market makers will handle the stock?

Bob S


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