Docucon ( DOCU ) Message Board

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Microcap & Penny Stocks : Docucon ( DOCU )

DOCU 69.34

-0.5%

10:09 AM EST

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To: Randall E. Gann who wrote (254)	2/10/1997 2:29:00 PM
From: Big Smitty	of 510

The indicators were : 1) 50 Day Shadow Moving Average 2) Directional Movement Index 3) Pivot Point 4) Positive Volume Index Don't ask me to explain all of them in detail. The point is, I researched all of their last picks that had multiple indicators pointing "buy"/ The last input on the stock was on 1/31/97 when the positive volume index indicated a buy at 1.125. The average returns for their picks like DOCU where multiple indicators point buy was at leat 50% anywhere from 1 week to a month. Its only 5.00 a month to join so check it out for yourself. Later Scott PS (((websmart.stocksmart.com))) has a neat quote feature that links together estimated earnings, pe, news, etc. It says that today the estimated earnings for 1997 are .13 and the average PE for similar stocks is 23. If it holds true, a PE of 23 would lead to a stock price 2.99. Just a tidbit of info : The stock that the indicators were pushing to sell was 3COM, don't know if you heard but 3COM fell roughly 10 points today.

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