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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: TLWatson59 who wrote (25573)12/10/1997 9:20:00 AM
From: Ellen  Read Replies (1) | Respond to of 55532
 
Thanks again as always, TL.

Anyone with valid technical analysis credentials looking at the chart picture today would have to say they see the potential for a massive distribution pattern having been formed between 1.50 and 4.00 since sometime in early September to the present

Sorry to be dense, but I'm not a TA wizard at all. Could you please explain what this means - distribution pattern? Thanks.



To: TLWatson59 who wrote (25573)12/10/1997 8:30:00 PM
From: shades  Read Replies (2) | Respond to of 55532
 
PUGS and ALL: Buenos Dias Amigos: TA- RMIL - 12/10/97 - Yesterday's action unfortunately could be a precursor to some unpleasant market gyrations. The low held at the last visible support level established back in late August. That was shortly after the original run up from the "penny" level to $2 and the back off and close of an upside gap left on the third trading day after I bought my original position at .47. It is a thin thread, technically speaking that is keeping this stock from returning to under $1.

Did you let people know here to buy when it was .47 cents? Spread some of that knowledge to help the rest of us out, don't brag about it after you have made money in hindsight. What is the next .47 to $3 dollar stock, give me some TA I can make money on, show me what you got. If your TA is good, give me some stocks I can make some money on in the next few months.

Will SUL or MTCI be winners? Does your TA show those to be good investments, if you think RMIL is a bad one, then give me some good ones and lets see how good your TA really is. Seriously, if you got something I would be very appreciatve to know what your picks are, if you predict the winners, many will believe in you and you could even start your own investment newsletter.