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Microcap & Penny Stocks : Docucon ( DOCU )
DOCU 73.14+2.1%Oct 31 9:30 AM EST

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To: GARY P GROBBEL who wrote (69)12/18/1996 4:28:00 PM
From: r. peter Dale  Read Replies (1) of 510
 
Thanks for the update Gary. I have a question that you may find trite but: regardless of the pending contract, do any of your technical indicators suggest that today may have been a selling climax - the volume was somewhat up and the bid/ask went down to 13/16 - 29/32. At end of the day the bid ticked up to 7/8 and the stock closed at 29/32, the ask. The closing action is a turnaround in the pattern that was occurring during many previous sessions. Again, I know this is the sort of trading trivia that can drive alot of professionals bananas but, since the selling had become so irrational in DOCU, I thought it may be interesting to spot an equally irrational change in direction. Ron.

What's your opinion of Streetsmart?
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