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Microcap & Penny Stocks : Looking for a Bounce -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (587)	2/22/2000 5:45:00 PM
From: Chris B.	Read Replies (1) \| Respond to of 1734

I have to admit, I don't know much about T/A. Although, I did figure the bottom to be somewhere around .75(got .83). It hit that on Friday. Too bad I was away from the computer and wasn't able to catch that price. Also, the volume is encouraging. If the volume was due to selling, the price would be going down. On Friday and today, the price has remained basically flat. A market maker(doesn't make a market in FONX) friend of mine told me that high volume without much change in price indicates accumulation.