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Microcap & Penny Stocks : Technical Trading of Pennies

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To: paul s. who wrote (265)1/19/1999 7:55:00 AM
From: Lawrence Burg  Read Replies (1) of 478
 
By trends I mean consistently higher lows and higher highs.

I originally started watching for oscillators being simply overbought or oversold (>70-80% & <30-20%). I now count on the trends of oscillators very much to make sure that any price swings are covered by an upward trend.

I may stick around here for a while. You seem to have done well and your approach is similar to mine in many respects; including talking to yourself on a fringe thread :o). My affection for ease with which pennies can be analyzed fundamentally will always keep me in them to some extent.

I jumped on TNRG last Monday, and am looking for at least 2-3 more days on the upswing, though if we see a nickel I might sell some to drop my exposure.
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