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Microcap & Penny Stocks : TNRG Tianrong Building Materials
TNRG 0.0002000.0%Nov 7 9:30 AM EST

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To: Lawrence Burg who wrote (2976)7/30/1998 12:31:00 AM
From: grw5  Read Replies (1) of 9824
 
LB,
>Trends are running away to the upside. Getting support on almost all fronts. <

You may be right - I'm certainly no expert on TA, but it looks to me as though volume has dried up to zip and the money flow has gone to hell.

I missed the run a while back. While I was waiting for my investors packet it took off. I was just too far behind the curve and didn't want to chase it cause it was going up way too fast to hold.

The news and all looks good - the only thing I can think of is that quite often when momentum and daytraders leave quick like they did that others are very cautious about getting in because micros seem to go flat for a long time after big spikes like this one had.

Just one idiot's half baked opinion.

Best of luck,
George
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