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

To: Truman123 who wrote (57980)	8/4/2000 11:37:23 AM
From: Tom Allinder	Respond to of 150070

Its just this simple and it goes for most stocks right now... Buying comes in early in the day and the MMs run from the buying and let people think the stock is really off for a run. Then when volume dries up late morning they drop the bids and buy the stock back from those who panic and sell.... it is tough but we have to pick and chose where we buy at and have patience. T/A... I only do very elementary T/A in most cases. I use more complicated stuff for NASDAQ stocks. I learned most of the T/A from people like Vendit here on SI regarding the finer points and have read many books on it. Tom