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To: Warthog who wrote (10627)	4/5/1998 10:38:00 AM
From: Mark[ox5]	Respond to of 27968

Collin, Still worth asking.. although I doubt the benefits of charting on penny stocks (because I think they move on news, not TA) I still think it would be interesting to get his take. I think only the most basic TA applies to penny stocks (i.e. volume increases along with sharp price upticks; also moving averages) If you remember that Christopher guy who used to post on one of the 56 threads a few months ago.. he was a MM and he was laughing at how people were applying TA to penny stocks and very low volume, under $5 stocks. But he thought TA was very useful for higher volume, >$10 stocks... so we know the MM's use it too in those cases. You may want to just post a link to Brad's overview on that thread. I dont have the time to read it anymore, but a lot of great people are over there! (I know Redhead used to be on those) and I still talk to Sergio and Cary every so often. In fact Cary was the one who I asked to look over the stock 5 months ago with me.. and he didnt invest because of no financials hehehe. Mark =)