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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes
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To: Instock who wrote (21036)5/23/1998 1:49:00 PM
From: BubbaFred  Read Replies (2) of 34592
 
The only TA that works for these pennies and zombies, is when there is a spike up, which invariably, 99% of the time, after 2 to 5 days, price will go down to where it was before the spike. That's the only TA that works. However, when company has legitimate merit, it will go up again, after it makes 1/2 to 2/3 retracement. Otherwise, if full retracement is made, forget it, as it will stay dead for a while, or until the next wave of hype.
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