CYCOMM (CYII)-on aquisition trail Message Board

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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: Robert Morrison who wrote (1508)	8/19/1998 11:22:00 AM
From: James W. Bradsh	Read Replies (1) of 1800

Well, here's the bad and good news from the charts: (1) Holding slightly above lower level of Bollinger Bands using the 20x by 2% deviation bands. Would have to drop to 1-7/8 to reach lower band. (2) MACD still negative. Stochastics still negative. (3) On Balance Volume holding steady level last week. (4) IBD Rel Str at 46, with C. The bright side is that the indicators are poised to give buy signals on any news that would give us some upside with good volume. But, lacking any news to excite investors, the stock will likely languish in this area and could go lower IF the current action is a bull trap and the bear drops the other shoe for another 10% drop in the general markets after Labor Day. We are currently the victims of the lack of good news. Although have the feeling that toward year end our patience, frayed nerves and sleepless nights will begin to be rewarded based on Bud's forward-looking statements of the past... it's time for them to come true.

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