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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (2685)3/8/1998 2:15:00 PM
From: Goulds  Read Replies (1) | Respond to of 7054
 
Stan, Thanks very much for your posts. They are like a breath of fresh air, regardless of the prognosis of the stock being discussed. Concise and understandable. You mentioned a thread you had going on charts that you no longer have time for. Is it still in existence with the old posts on it? What's the address? DaveF



To: stan s. who wrote (2685)3/8/1998 5:03:00 PM
From: Mr. Pink  Read Replies (1) | Respond to of 7054
 
Sorry, didn't mean to ruffle your feathers, but Mr. Pink hates to pay taxes and could stay short ACRT for many years without realizing a gain.

Better to be short, from that perspective all the way from the mid-20s down to a few pennies.

Mr. Pink is a logical fellow. Why is a company a buy/sell when it crosses its 10 day moving average? Other than the fact that many amateur investors use this method, Mr. Pink can see no reason why it should matter.

Warren Buffet probably does not use charts as means to pick stocks. Indeed the entire field of techinical analysis (actually a misnomer) has been widely discredited as a means to pick stocks.

Best of luck to you. If if works for you, far be it from Mr. Pink to disuade you. For Mr. Pink and His financial empire, He will stick to His knitting and study the underlying value of the businesses He invests in.

Mr. Pink