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Microcap & Penny Stocks : ROLLING STOCKS

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To: Thom Taylor who wrote (130)	12/6/1996 10:02:00 PM
From: Walter N. Schreiner	of 233

TT, the problem I see with RYO is that the bid/ask spread kills you. The peaks and valleys are only separated by about 2-3 spread units (e.g. $0.20-30). The stock moves in 1/16 (0.07) increments. BTW, RYO is a stock Wade Cook is currently recommending as a roller. I'm still trying to figure out how to play it due to the spread and trading increments. Any ideas ?? To All, There is a nice candlestick chart tool on iqc.com which makes it easy to see what I'm talking about. It's free, you just have to register. It's a Java applet which downloads and runs in another window. You just type in a new symbol to get the candlestick chart. Also, if you are not familiar with candlestick charts, there is a little tutorial. And the applet provides help if you click on any candlestick pattern which is signaled by the chart. Really neat ... TT, also, the list of rollers you got from Stockman is the current list Wade Cook uses in his audio tapes. I just received his latest tapes in the mail. Walter

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