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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: David L. Wasylenko who wrote (249)	11/7/1997 11:51:00 PM
From: Frank Fontaine	Read Replies (1) \| Respond to of 7039

David: I hope You meant the grammer/ spell thing as humor. G.B. has got books published, Five of which He was kind enough to send to me. He has won awards for these. My wife has finished four of them and tells Me that thay are absolutely wonderful. FRANK.

To: David L. Wasylenko who wrote (249)	11/8/1997 1:41:00 AM
From: Ga Bard	Respond to of 7039

Well David I know who placed that order. The broker was trying to get the ask up but it filled instead. He was ticked because they lowered the ask instead of raising the bid. but why can't you say someone wanted to unload 2500 shares, didn't expect to get the 725, put in a limit of 718, and went to bed? ANSWER: because I do not see that nor can I prove that. That would be a total assumption. IKAR recovered today because most were at the ask. When the midpoint buys came in it started dropping again. Why can't this just be 'additional volume' that would not have occured otherwise, instead of damage to the stock? Answer: Volume is not the key here. For years people have talked about volume without the presence of the price.. I am talking volume verus price then overall trading people do. Volume if at the ask and bid are key factors however volume that shorts is different. I showed you earlier where a sell at the midpoint raises the bid. If you study all the logs I have posted through out SI you will begin to see how all this comes together. If the midpoint is a buy the bid will drop or the ask will. If it continues then they both will. No sells required. IKAR had a buy flurry the other dya but it came at the midpoint and down it went till the panic selling occurred. If the midpoint is a sell then the bid raises. Now if you place an order to buy just above the bid most of the time the bid will rise. I have been experimenting to see if what I am saying is right with a few other people and we are discovering that trading tactics actually nails your investment. I now buy at the ask and sell at the midpoint. 26 stocks we have followed this week and this down movement causes selling. Most people that belive in a stock want the best price so they go between the bid and ask however when they sell it is market or limit at the bid. Totally the opposite of what should be happening. Example: You buy at the mid point the MM can short sell to you from his inventory or reserve. Doing this they drop the ask if it continues they drop the bid. Suddenly the downward trend and someone sells they buy it and cover the short position. Piece of cake. However if you watch a stock being bought at the ask it does nothing but go up. Then if that same stock has sells at the midpoint it closes the gap between the bid and ask. Thanks GB