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Microcap & Penny Stocks : THE OZONE COMPANY! (OZON) -- Ignore unavailable to you. Want to Upgrade?


To: taLuis who wrote (2184)1/4/1998 10:17:00 AM
From: Marlin C. Harmon  Read Replies (1) | Respond to of 4356
 
Luis,

Interesting comments. I am curious as to which methods of technical analysis you employ as you watch and trade in your non-low volume, higher priced stocks. As we see in this discussion each trader tends to have his own individualized approach and I am always looking for methods that have been successfully used by others to add to my bag of tools.

While TA is not as strong in predicting the movement of smaller stocks because of the absence of several constants not yet fully developed, the trading patterns do become apparent within a very short time. These patterns may not yet have the components needed in the analysis of larger stocks but the patterns are none the less present. So, a momentum trader has to be more inventive in choosing his methods.

As you and Joe have pointed out, OZON will need to develop the basis of solid fundamentals before most of the normal analysis will apply. It is then that the trading patterns will reflect more consistency resulting from the entrance of more market makers, the attraction of fund managers, and generally a more actively traded stock.

Marlin



To: taLuis who wrote (2184)1/4/1998 1:23:00 PM
From: Starduster  Respond to of 4356
 
Luis,
Thanks for your recent response. It is great to see so much response on these posts. I think we will have some good news in the next few weeks. As a smart company president, (and Bill is) my view is, if it were me, to hold until after the 1st of the year for news. It's after the first. Also, with new people on board, how could you not have exciting news to come. And... Just think about the product, no competition. Think about the product and what it does... Go OZON! Survivor Sandie



To: taLuis who wrote (2184)1/4/1998 3:54:00 PM
From: SIer formerly known as Joe B.  Read Replies (2) | Respond to of 4356
 
I agree with everything up to your 5th point.
In my experience entry point is crucial especially
if you are not willing to add to your position
on the way down, but it also depends on your time frame.

Any way,
Louie Louie, oh baby, I gotta go
Yi-yi-yi-yi-yi
Louie Louie, oh baby, I gotta go.
Happy Trails, Joe