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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: charles messick who wrote (701)	11/17/1997 9:19:00 PM
From: David M.	Respond to of 11708

Chuck ,While not trying to discourage any one,Setting up resistance is not what we are trying to do .We are trying to establish price support.Resistance is a factor based on fundamentals IE EPS P/e .... A slight pschological factor can be figured also IE: if it over 2 then it wont hit a stumbling block till three.People tend to think in round #s.I was not singleing out you but trying to make sure that as a whole we understand the fundamentals of trading.Regardless of the price of a stock we must stay long to our targets and if we stumble along the way that is ok. Looking for 10.00 -20.00 myself and will not settle for less.I also will be averaging up w/out hesitation and I have the base to do it w/ out fear. LETS GOOOOOOOOO CCCCCSSSSSMMMMMAAAAA David M.