HITSGALORE.COM (HITS) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITS)

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To: ciVic who wrote (124)	3/25/1999 4:56:00 PM
From: Jim Spitz	Read Replies (1) of 308

ciVic and Dabloc, Yes, I was reading purely momentum. That is all I know about charts. I don't know enough about other indicators. I have come to recognize when many stocks go from an investment (no action or slow and steady action) to a momentum (price and volume move in a wave). My gut is usually right about these and I am starting to listen. I don't expect to always be right, but even if I am wrong, I just made 5X and am happy with that. I don't think it will get into the low 3's either, even though it would be nice to get in there and get twice my previous shares. I do think it could go under $5 tomorrow for at least a short time. It never did settle back to fill the gap today between $4.5 and $5 so it may do that tomorrow. I'm told that they often do. I am now starting to look for things like that. jimS

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