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To: Old Stock Collector who wrote (23)	11/20/2001 6:11:47 PM
From: dreamer	Read Replies (1) \| Respond to of 42

OSC, Thank you for your input on those 3 companies. I don't do dd myself but am considering trying to learn a little bit about it. With my style of investing one month would be a long term hold for me, and it's more often a week than a month. Maybe you could post a few of your favorite links for earnings and float and that kind of stuff. TIA

To: Old Stock Collector who wrote (23)	11/21/2001 9:19:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 42

OSC... I thought I might bring up a bit of important TA information for those analyzing the best time to enter a stock position. In my example I will use MUCP, which has shown some interesting TA peculiarities and will display how TA can be used with even illiquid BB stocks. I was under the mistaken belief that MUCP would hold it's 200 day MA at .45/share (which is also the 50 week MA) and was looking for a reversal of trend back up to the upside. However, yesterday afternoon the price was dropped to .35/share (bid) on greater than normal volume. Also, .45/share was the where the lower arm of the daily Bollinger Band arm was tracking: bigcharts.marketwatch.com So when this important support level was broken, I had to identify what the next support level was and I came up with an interesting discovery. When the price breaks through a Bollinger Band arm on the daily chart, one must then expand the time window to the weekly chart and look for major support (and if there's a violation there, then regress to the monthly chart). So as I looked at the weekly Bollinger Bands for MUCP, I found that the lower arm was at .35/share, which seemed more than a coincidence... :0) bigcharts.marketwatch.com Then I decided to look back through the trading history of the stock to see when, or if, MUCP has ever traded below it's weekly bollinger band arm, and found that over the past two years major levels of support have been found where the lower arm of the weekly BBs have been located. bigcharts.marketwatch.com In fact, going back 5 years, I discovered that MUCP has only briefly penetrated the lower weekly BB arms, and then only during volatile downward prices swings. So the prognosis for this particular stock is that what we saw yesterday was a "panic" sell-off (if you can call 130,000 shares traded a "panic"), and it declined to major support. So from here we should see the stock price rebuild and reverse back to the upside (as confirmed by oversold conditions on the daily and weekly stochastics). Thus, depending on the trading action today and the rest of this truncated trading week, I will feel more comfortable adding to my position for some upside in December and January. I offer this, not so much for this particular stock, but as a lesson that should be able to be applied to any stock one is trading. I'm personally kicking myself in the rear for not more closely adhering to my TA and selling part of my position at higher prices so I could increase my position at these prices without applying additional capital. But I permitted myself to be lulled into the belief that the company might have news coming out in advance of their Comdex appearance that might result in some material event that would create a price surge. Hawk