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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Instock who wrote (12896)	2/28/1998 2:07:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79515

Scott, Thanks for all the work there!!! LOL!! Doug R

To: Instock who wrote (12896)	2/28/1998 7:42:00 AM
From: ChrisJP	Respond to of 79515

Scott and Doug, Do TA's really work with some of these pennies ? This is meant to be an honest question (not a rhetorical one). From what I've seen, some of these 3x and 4x temporarily due to short covering, hype, MMs, oh yeah and volitile fundamentals. What I'm saying is that I'm wondering if the past performance can accurately predict the near term future. Can it ? For example NETZ and FAMH, no one can seem to get a fix on earnings. This causes buying based on a parameter that is changing daily until the truth comes out. This was certainly true of EXSO in July & Aug. People were buying based on the belief that the stock was worth $1, when in fact its share count had tripled and it had some major financial challenges. The stock was really worth .25 - .30, which coincidently is where it traded for 3 months until it was removed from NASDAQ. Hopefully they will report increased earnings and revenue from last quarter and bring the stock price up to its proper value. As a HNLY shareholder , I too would be interested in any analysis you could provide. :-) Like what do you make of the slow selloff at the end of the day instead of the buying spike one would have predicted ? Part of me thinks it's OK, part of me thinks it's not, and most of me thinks that I should stop thinking and just wait 2 or 3 days for their earnings report ! Hmm maybe TA could help after all ...... Regards, Chris