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Microcap & Penny Stocks : OILEX (OLEX)
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To: Richard L. Williams who wrote (3490)6/17/1998 9:58:00 AM
From: Steve  Read Replies (1) of 4276
 
I really don't know why you bother holding your shares if you feel that way. I didn't know that bad mojo was a technical indicator. MIDL apparently is a scam or close to it, Oilex is not. Ignorance of what Oilex is doing is no excuse for perpetuating the myth that Oilex is a bad investment. If you insist on perpetuating this myth then so be it but don't expect me to be receptive to it.

I disagree with you that the Stock Market is all psychology, it isn't. Over the long term markets trade on fundamentals not technicals or psychology. Market tops and bottoms are driven by psychology. Fundamentals are why you cannot do better than the market over the long run. The only people who do better than the market over the long run end up in Danbury Minimum Security.

When Oilex proves that its swabbing program is a success later this year with terrific 3rd and 4th quarter financials the so called bad mojo you refer to will be a fading memory.
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