GLOW - Global Games, Inc. - Great Profit Potential ! Message Board

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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !

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To: Brad who wrote (1251)	5/12/1998 5:52:00 PM
From: Tony	Read Replies (1) of 8879

Thanks for responding Brad! When you say "disregard the extremes" does that mean you omit parts of the data that seem out of line, or that you use wide time windows to minimize the effect of volatility? GLOW's spike lasted days, and it was real easy for me to trick myself into thinking it was the real run. Is there some way to identify when we're in a spike, or a sustained rally? (w/o paying attention to naysayers that is <g>) Right now, it seems the a reasonable thing for me to do is find the recent (90-day) lows and expect resistance at integer multiples where people take their 2,3 and 5 baggers, etc. (ie: the most recent lows were between .07 and .08, so there will be or were sells at .14-.16, and .21-.24. Do you have a way to figure where they start buying back in? I haven't found a book yet which teaches price targets (except long term based on PE and fundamentals). Sorry for all the questions. I'm still learning this stuff. GO GLOW -Tony

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