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


To: Kincheloe who wrote (3427)12/12/1997 2:42:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
Franco? Franco who?

TG



To: Kincheloe who wrote (3427)12/12/1997 2:50:00 AM
From: TraderGreg  Respond to of 11708
 
For all you TA types, I received an analysis by Dennis Elam of Compass Financial. He summarized the activity in November and the following represents his commentary on the activity in December thus far, as reported thru December 10, 1997 (Wednesday) and prepared on Thursday morning. SI is acting up and every time I attempt to submit the Email copy, I get disconnected. Bear with me.



To: Kincheloe who wrote (3427)12/12/1997 2:54:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
Here is the start of the technical analysis by D. Elam:

WE ARE BEGINNING TO REALIZE THAT ANALYZING THE PRICE ACTION OF CSMA IS A BIT AKIN TO ATTEMPTING TO JUGGLE MEAT CLEAVERS-MISTAKES ARE HEAVILY PENALIZED. CLEARLY THE PRICES ABOVE $1.50 DID NOT HOLD. YESTERDAY SAW THE PRICE DIP TO 70 CENTS. OUR OBSERVATIONS.

IS THERE A RATIONALE FOR THE RETURN TO 86 CENTS?.