Bid.com International (BIDS) Message Board

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

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To: Sili Investor who wrote (7233)	1/25/1999 5:43:00 PM
From: Otto GRAF	Read Replies (1) of 37507

To Sili Investor, You are probably right Sili, the Tech. Ana. is not too important with the small cap. but bii is very liquid since the last three months. So if you apply the tech. ana. on bii for the last three months i mean since DEC/98 and put the RSI with a 7/14 periods you will see that it does work quit well. At least it gives you an idea where the price is going if you know how to read a pattern such as: BH/SF or W for a long position or a TH/SF, or a M for a short position. Right now, if i follow my tech. ana. i can tell you that Bid.com will still go down before it turns around for an up-swing. Otto Graf

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