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 (16763)	4/6/1999 12:48:00 PM
From: NTT	Read Replies (1) of 37507

>>>Trying to use Technical Analysis on this one, and in the internet stocks in general, is like trying to run the TSE with an abacus. I wouldn't put too much faith in the technicals cause it only looks at past performance rather than the expectations associated with NASDAQ and internet stocks in general. Just IMO. <<< I'm certainly not a TA expert, but from what I do know I have managed to make a lot of money in BII by knowing when to get in and out. Certain types of T/A can be useful even on very short term periods such as intraday. I know a lot of people don't put any faith in T/A, but I do think it's a very useful tool that gives me an added 'hint'. Of course, in this particular case, expectations of Nasdaq and such are the defining factors indicating which way this one is going to move. I guess everyone should use what works best for them -- Whatever floats your boat, as they say ;-)

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