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Microcap & Penny Stocks : edig (e.Digital ) -- Ignore unavailable to you. Want to Upgrade?

To: JimC1997 who wrote (594)	12/9/2001 10:04:41 PM
From: JimC1997	Read Replies (2) \| Respond to of 1644

Time to post an update of my buy signal analysis: One remarkable facet of the performance of EDIG this year has been its ability to overcome periods of underperformance (relative to the NASDAQ Composite) with sudden upward movements. During 2001 there have been 27 days in which the high price for EDIG was 10% or more above the closing price on the preceding day. The average gain on such days was 22.1%. Is there any way to anticipate such incredible gain opportunities? Each week I post a message which reports on the relative performance of EDIG compared to that of the NASDAQ Composite Index over the periods since 12/31/99 and 12/31/00. As I have noted, in the vast majority of such weekly comparisons, EDIG has outperformed the NASDAQ index. In fact, in every weekly comparison until April 20, 2001 EDIG had outperformed the NASDAQ. Since that 4/20/01 date, there have been 14 days in which EDIG achieved a gain of 10% or more (measured from the close to the next day's high). The average gain on these days was 21.4%. Now, to the exciting news: Thirteen of these fourteen major gain days since 4/20/01 occurred within eleven trading days after a Friday in which EDIG had underperformed the NASDAQ over the period from 12/31/99 or 12/31/00. Conclusion? As I reported, as of 12/7/01 EDIG has again fallen into one of those rare periods in which it has underperformed the NASDAQ in the periods since 12/31/99 and 12/31/00. This weekend's unexpected inaugural national advertising for EDIG greatly increases the probability that this pattern of dramatic upward moves will follow this signal, as it has on thirteen of the fourteen previous such occurrences. If so, we will experience another dramatic up day in the next eleven trading days. In my opinion, this is an excellent time to add to your position in this stock! JimC