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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Nov 28 4:00 PM EST

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To: Jon Scott who wrote (6111)4/22/1999 10:44:00 PM
From: JoeinIowa  Read Replies (2) of 8189
 
Technicals still look solid. The key is volume. We are very close to breaking the long term downtrend started in mid 96. This will be a very powerful move if it does happen. What the technicals tell me at this time is that there is large anticipation of good news coming. When it does then volume will kick in and an uptrend will be started. Typically the uptrend is as sharp as the downtrend.

Aloha,

Joe
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