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Microcap & Penny Stocks : Syncronys Softcorp (SYCR) -- Ignore unavailable to you. Want to Upgrade?


To: Sockets who wrote (24548)1/14/1998 2:16:00 AM
From: Patrick Smith  Read Replies (1) | Respond to of 30240
 
Sockets....

It's very simple ...MMs don't want your shares.....

I don't want to be rude , but which word don't you understand?

It's a simple problem of supply and demand....

Lets try this....there is an abundant supply of shares....money flow is decreasing (even on an up day like this)....stochastics are below 20.....RSI is a meger 28....bollinger bands are very wide and most of all.....no volume. You are in a bear market and will see daily rallies, but as long as declines out number advances....the bear is in place. People take less risk in this type of inviorment.....small caps take the hit the worst....blues are the last to go and don't get hit quite as hard because they have earnings ( not to mention dividends).