Technical Trading of Pennies Message Board

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Microcap & Penny Stocks : Technical Trading of Pennies

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To: paul s. who wrote (321)	2/22/1999 8:41:00 PM
From: Sojourner Smith	Read Replies (1) of 478

Kimberly Lee has a great track record of momentum trades - often with bb stocks. She gave PNTH today. Message 7967861 I seem to be hooked on momentum plays, but finding a bb stock ahead of the crowd can be much more rewarding and less stressfull. I like the premise of this thread, TA on bbs. Some say it can't be done, but I know it works with many bbs. FNTN for instance has doubled several times from a buy signal this year. The trick is find them. %increase in volume is not always an indicator for finding a stock about to run. 1. The OS may be large, 2. may be to late of an indicator, 3. some stocks runs on average volume. There is a site with all the bbs listed. I am trying to go through them and find ones that have moved on buy signals. Maybe we can work together on this. There are over 6000 bbs, I believe. If one could find even 100 great ones, I believe could make a lot just playing them again and again. The other method I would like to do is scan for %increase in volume and then check for TA. The best method would be to find a list of all bbs with buy signals each day. I have not found that type of scan yet. The great thing with being early is one sell with only a small downside risk.

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