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Microcap & Penny Stocks : AUTO - good valued co.in recession free industry

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To: GP Kavanaugh who wrote (139)5/1/1998 12:04:00 AM
From: Lawrence Burg  Read Replies (2) of 205
 
& Jim B...

Got in near the top ~.4. Was gonna dump it, but charts weren't really that ugly, OBV was rising, so I held. Things started changing a little this week so I waited.

I'm holding, confident in the short term oscillators...
CCI8 & RSI8 didn't bottom but are reversing.
14,3,3 & combo stochs look to be turning up

...& some strengthening in the trenders.
ADX Combo is gapped & ready to turn up
OBV rising & looks very strong

I'll still be looking for an exit above 1/2, but I'll keep some freebies to keep me interested in this one.

See ya. LB
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