Bid.com International (BIDS) Message Board

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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: cash money who wrote (7227)	1/25/1999 3:28:00 PM
From: Otto GRAF	Read Replies (1) of 37507

If you look at Bii on a daily chart with a few indicators such as the STOCKHASTIC with the %K: 21 periods and the %D: 14 periods I can see a Top Head & Shoulders formation (TH/SF) and presently bii its doing the last call before a more decline into the price which should occure any time soon. Next support level around $3.55. Also try the RSI (Relative Strengh Index) with a 14 and also with a 7 periods. Check the DJIA and the NASDAQ composite Index with the same indicators on a daily chart than you will find that both indexes have the same pattern (TH/SF) and presently we are doing the last call before a more decline into the price. Otto Graf

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