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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (8702)11/4/2000 7:27:26 AM
From: Wayne Rumball  Read Replies (2) | Respond to of 11130
 
Not to worry Chris. I'm taking it slow, which is why I've been my buying at the bid.

If you see a turn in Williams%R let me know.

Call for an investor kit. The mousepad alone is worth it.



To: ChrisJP who wrote (8702)11/4/2000 5:02:21 PM
From: Bernard Ng  Read Replies (3) | Respond to of 11130
 
Just found out he has screwed up the chart already, in the past 5 days, he made a strong support for this company... <ggg>, and you know, Wayne shouldn't mention the mouse pad thing...

because after I went to the website, I've decided to listen to what the president wants to say... then he got me interested. So I finally pulled up the chart.

This is what I found in the 2 month chart, one nice falling wedge.
The failure rate of falling wedge is 10%.
2% will fail after the breakout of the top trendline.
The return rate has about 50%... so based on the current price, GLMC should at least hit $0.5 in the near future.
The breakout should occur soon... upon 80% of the wedge to the apex... <ggg> I feel talking like PHANTOM$.

Anyway, I'm going to join Wayne, and maybe I will buy at ask to screw up the W% :-)

This is not a buy rec. I'm just using T/A to interpret what will happen, because I think we have a good odds here.

Bernard