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Microcap & Penny Stocks : OILEX (OLEX)

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To: Yiqun Xie who wrote (642)12/19/1996 2:58:00 PM
From: Eric Maggard   of 4276
 
I hope it doesn't. The 20 DMA is at .42. If it could hold that and start moving back up, then that would be bullish. I am going to watch the ticker very closely and the trend to find another point to reinvest the amount of my sale. (others that took profits probably are too) I am looking for some point between .40 and .45. It depends what the MM's do to shake people out and if they get scared. I will not post my next entry point, because some people might beat me to it and push the stock up. ;-)

We'll see what happens. Good luck. I think with the new buying coming into the small caps should help this one out too.

Eric
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