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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Logistics who wrote (5196)	4/8/1998 11:54:00 AM
From: Starduster	Read Replies (1) \| Respond to of 34592

You got that right into next week.......Buying more on pullback.....Lucky Sandie

To: Logistics who wrote (5196)	4/8/1998 12:12:00 PM
From: Andrew H	Respond to of 34592

One can spot a pattern in many of these plays. Whether the stock is a momentum play or not(and this stock has excellent long term prospects, IMO), there will be an initial surge as everyone piles in and daytraders add to the volume. Then there will be resistance as longer term holders who are in at a loss or at lower prices will take advantage of the surge. Daytraders will note this resistance and bail, bringing the stock lower. At this point a second round of buyers will most likely enter.