Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (15833)	12/6/1999 12:45:00 AM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

Intersting on CLOPF Clip Clop The Subway (Capital Research Group) are doing mails and profiles on this one. Copied from RB, no link to the article provided: Thu 2 Dec 99 Street Wire See (U:CLOPF) Street Wireby Brent Mudry Although his equestrian promotion is trading at a pedestrian 20 U.S. cents on the OTC Bulletin Board, Vancouver stock promoter John Henry is making a name for himself and clipclop.com in the embryonic field of Internet media law. After a brief court hearing on Tuesday, Mr. Henry's lawyer Darrell Roberts emerged with a precedent-setting injunction, good for eight days, which if it stands and spreads, could slow down busy Internet stock chat sites to a virtual crawl. A sampling of clipclop chatter that has Mr. Henry up on his high horse is the usual chat room drivel in which posters routinely call those they do not like, crooks, crooked promoters, stock manipulators, hypesters, string-pullers, dot.com-crazed followers, public dupers, yo-yos, pump and dumpers, grandiose planners and evidently any other insult that comes to mind. In an ex-parte hearing, without any representation by the defendants, Mr. Justice Peter Fraser ordered Stockhouse Media and Raging Bull to immediately remove a series of unflattering messages and forbid the five anonymous posters from making any further contributions. After a 45-minute crash course on the Internet, chat sites, stock promotions and related legal issues from Mr. Roberts, a senior Vancouver lawyer with the firm Roberts & Baker, Judge Fraser found himself in virtually-uncharted territory in Internet law. The decision is a first in Canada. Mr. Roberts notes the Internet is so new that he was unable to cite any similar previous Canadian decisions, and he now knows of just two U.S. cases in which Yahoo Finance was sued last year by companies seeking to unmask anonymous posters. It is not yet known what the outcome of either case was. The suit was filed in court last Friday, the ex-parte hearing was held on Tuesday morning, and the judge rendered his decision that afternoon. Mr. Roberts notes that ex-parte cases require a "very stringent test," and after mulling over the case at lunch on Tuesday and hearing some further brief submissions afterwards from Mr. Roberts, Judge Fraser quickly handed down his decision, in the form of oral reasons. The judge's decision is not yet available in written form, but a notable quote is. Whoever WaveyDavey is, he feels free to throw around serious allegations "cowardly hiding behind the screen of an alias," Judge Fraser told Mr. Roberts and the lawyers' junior, the only counsel present in the courtroom. In his decision Tuesday afternoon, Judge Fraser ordered Stockhouse and Raging Bull to immediately remove messages written on their Web sites by WaveyDavey, Wavey, garpike, Montero and Cook 81, but by Thursday afternoon a number of the offending messages remained untouched. The Canadian judge also ordered the clipclop five to stop publishing messages, especially unflattering ones, and ordered the two sites to disallow the quintet from making such postings. Mr. Roberts notes that Stockhouse was served with his suit on Monday, the day before the hearing, and it was served with the judge's order late Wednesday or on Thursday. U.S. service is a trickier feat, however. The clipclop.com lawyer notes that Boston-based Raging Bull was not served with the suit prior to the hearing, and service of the court order by a U.S. agent is in the works. Stockhouse and Raging Bull may get a chance to tell their side of the story and explain their version of the exploding Internet soon.

To: SSP who wrote (15833)	12/6/1999 1:05:00 AM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

My 4 favorite T/A indicators: from bigcharts.com Bollinger Bands, created by John Bollinger, are a type of envelope (or trading band) plotted at standard deviation levels above and below a moving average. Because standard deviation measures volatility, the bands widen during volatile markets and contract during calmer periods. "Sharp price changes tend to occur after the bands tighten, after volatility lessens. "When prices move outside the bands, a continuation of the current trend is implied. "Bottoms and tops made outside the bands followed by bottoms and tops made inside the bands call for reversals in the trend. "A move that originates at one band tends to go all the way to the other band. This observation is useful when projecting price targets." This indicator is displayed in two bands that are plotted at standard deviation levels above and below a moving average. Bollinger Bands provide a view of the current trading range. They can be used with other indicators to determine when it's time to buy or sell. --------------------------------- The Volume+ indicator identifies by colored bars when the trading volume contributed to a gain in price and when the trading volume was associated with a loss in price. The colors are labelled in the legend above the indicator. In addition to the color coding, the Volume+ indicator displays a symbol's 50-day average volume as a reference point. ---------------------------------- The Williams%R is a momentum indicator that attempts to measure overbought (bearish) and oversold (bullish) levels. According to some market analysts, when the indicator reaches levels of 80-100, it suggests the security is oversold, and readings in the 0-20 range signal overbought conditions. ----------------------- Gerald Appel's MACD (Moving Average Convergence/Divergence) indicator shows the relationship between two moving averages of prices. MACD is derived by dividing one moving average by another. It is based on the point spread difference between two exponential moving averages (EMA) of the closing price. The basic MACD trading rule is to sell when the MACD falls below its signal line and to buy when the MACD rises above its signal line. Some analysts use MACD as an oscillator and believe it is most effective in wide-swinging trading markets. They believe that when the MACD rises dramatically, it is likely that the security's price is overextending and will soon return to more realistic levels. Other analysts prefer to use MACD as a trend-following indicator, attempting to spot divergences in chart patterns. For example, a bearish divergence occurs when the MACD is making new lows while prices fail to reach new lows. A bullish divergence occurs when the MACD is making new highs while prices fail to reach new highs. These divergences are most significant when they occur at relatively overbought/oversold levels.