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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: tensforme who wrote (4359)3/2/2000 9:32:00 PM
From: dr.putty  Respond to of 7720
 
tensforme: from what I understand, according to TA, movements with light volume should not be viewed as indicative of overall movement. I noticed this about MVIS too, but didn't sell since this is one of my long term holds as opposed to a short term one where I try and use TA for entry/exit points.

Hope this helps.



To: tensforme who wrote (4359)3/3/2000 5:47:00 AM
From: JDN  Respond to of 7720
 
Dear Tensforme: I only know enough about T/A to be dangerous!! But, the general consensus is that movements on light volume dont mean much. However, I have two comments of my own I would add. One, the fact MVIS can move so high on such light volume to me indicates that the ACTUAL float may be quite small. (ie noone wants to sell). The second comment regards T/A. I dont see where its useful on a Development Stage Company. There is no History to rely on, one press release saying the right thing and BOOM we are in triple digits. Thats my opinion. JDN