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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (366)	3/31/1998 6:17:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 747

Hi- I thought I saw two 60,000 blocks..I don't have time and sales :< I think TA is extraordinarily difficult for penny stocks because as you indirectly pointed out..total money today only about 70 k.. (ps advr mentioned on Bloomberg news 33 cents) I do like the action on this stock..somebody appears to be trying very very hard to shake out players and I don't think there are many players.. The financing news I would have thought would have created a solid base..because it has trended down and might go even lower..to me that is very very bullish.. I think you are going to learn a lot doing ta on this stock.. you will see psychology in action..the creating of fear..and impatience etc... (if they didn't have contracts and recognized technology, I definitely would not be so weighted to the underlying bullishness!!!!!) I am watching volume + on bigcharts ..I find obv and money flow doesn't help me now..although the action in December reflects bullishness