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Microcap & Penny Stocks : Trading 101 -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (139)5/2/1998 11:35:00 PM
From: Just-a-thought  Read Replies (2) | Respond to of 406
 
To all 'Newbies'...

IMO, you've 'stopped' at the right place!!

Please read this thread from the'Beginning'....

Number 1....Uno 1....Post #1...

Then if you have any 'questions' .....'ASK'..!

Just-A-Thought



To: Ga Bard who wrote (139)5/3/1998 12:04:00 AM
From: Qone0  Read Replies (2) | Respond to of 406
 
Great post GB.....Let's talk about buy points on a stock that by the time you have finished your DD and decide to buy,daytraders are running the stock up. The key here is volume as the daytraders all jump in the volume goes ballistic,this continues until there is a stall in volume. Since all daytraders are watching every tick they all see the stall at once,the volume goes ballistic again as they are placing market orders trying to beat each other out. When the volume stalls as the price of the stock crashes,that is your buy point. Now if you work during trading hours wait for a low volume base at least two weeks long. The low volume tells you that most sellers are gone. All the stock has to do is attract new investors,if you have done your DD you know that this is only a matter of time. The next news release will send the stock up again. AVBC is an example of this base. ROB