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Microcap & Penny Stocks : ROLLING STOCKS
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To: Thom Taylor who wrote (132)12/4/1996 8:32:00 AM
From: Willsgarden   of 233
 
TT, I found that listening to his tapes, and probably his book, leave out some of the warning signs or neglect to identify the rolling stock criterior of a pattern that has remained between its support and resistance for a while. The stock MOT that I commented on yesturday had too many variables to be qualified as RS, however had some possibilities from a technical point of view.
Wade has it right, smaller issues that move 50% to 100% in value is the way to make real money. Also you can always hold it if it breaks its trend temporarily and didin't move for you.
Bill
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