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Microcap & Penny Stocks : DCH Technologies (DCH)

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To: Francois Goelo who wrote (738)3/11/1999 12:03:00 PM
From: Lennart Steiner  Read Replies (1) of 2513
 
To make an investment decision based upon a chart analysis of a OTC BB company as DCHT in an upcoming future market is IMO not the appropriate way.

Don't forget any charts are strictly based upon the past and are therefor by definition not the right tool to give you an outlook in a future which will be entirely different from the past.

That does not mean that I despite chart analysis in general. For well established companies with steady cash flows in mature markets it is certainly an appropriate way to be part of your DD.

BTW do you include price movements on volumes of 100 shares as of today so far in your TA???

P.s.: Just for the record: after I posted this message initially the volume "jumped" to 11,000 shares
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