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


To: Cube who wrote (5462)5/9/1998 7:55:00 PM
From: Mr. Pink  Read Replies (2) | Respond to of 7054
 
To all:

John Joseph Flynn has had over 12 jobs since 1992. He is a self-avowed stock manipulator. He wrote the Greenwich Global report.

It is superficial, at best.

Mr. Pink



To: Cube who wrote (5462)5/9/1998 8:29:00 PM
From: Z man  Respond to of 7054
 
I don't see a reason why the company shouldn't do it. But I think we are beginning to see the effects of the company's response to this bear raid. First of all NO ONE IS SELLING !!!!. Next on the internet all shareholders are asked to get their stock into cash accounts. Now the request comes to get the stock certificates in our hands. Meanwhile there is a CC with 10 to 15 investors/fund managers. Then we get a strong buy REC. Having said all that think for a moment. If you had say one or two extra million sitting around idle and you looked at the situation, wouldn't you consider say starting a run at the stock. Over three or four days build a position say of 100,000 shares...then you come in with a 20,000 share buy at market and watch this baby run...Now that's just one fund....say five do this together....WHAT FUN...



To: Cube who wrote (5462)5/10/1998 1:18:00 AM
From: Z man  Read Replies (1) | Respond to of 7054
 
This Second Opinion info has been good. It called the latest IBM run. The chart called IBM a buy at 103 about four weeks ago. The stock closed Friday at 120...at it's all time high....go acrt



To: Cube who wrote (5462)5/10/1998 11:44:00 AM
From: stan s.  Read Replies (1) | Respond to of 7054
 
ACRT....ready to pop again? Could be...

ACRT...in this first chart, you can see the security contiues to
move nicely following the dictates of the green trendline.
geocities.com

This is exactly what you want....higher troughs et al. Even in weakness
after the "step ups" it merely tests the supporting trendline and then
proceeds with another surge.

A very common....yet satisfying pattern...profitable as well. As you can see
it now moves above it's 50 day moving average. Full health will be attained
(technically speaking) as is passes above it's 200 day moving average
around 18.

By the way, notice the security has just pulled above it's 6 day weighted
moving average (cyan line). This is one of my favorite buy signals when
CONFIRMED by other indicators. Note the results when that has happened
in the past.

A slightly more conservative tact would be to enter as the cyan crosses
above the magenta (10 day weighted) with confirmation. Both of the
aforementioned signals are "early" signals...as are all the momentum
signals....so take heed....they can be false starts. I mention them from
a trader's standpoint.

ACRT chart....a follow up to a chart I posted last week.

Notice the results....usually rapid....when the Projection oscillator
crosses above the trigger line. Quite effective
even during the downturn.
geocities.com

As I mentioned this is NOT one of my favorite indicators, I do
find it worthy of note in this case.

By the way the "trigger line" in the top box is of my own making, not a
recognized indicator.

This next chart tends to confirm the previous chart, by showing
what the results have been when the momentum indicators
pull up in unison from oversold...as is happening now. Just follow the
blue vertical lines down.
geocities.com

10 day CCI,Williams%R, 5,3,3 Stochastics and a juiced up 3 day RSI.

Just a note of warning.....the fact that these indicators have led the price with
consistency of late, does not guarantee they will this time. False signals can
occur.

Another triangle pattern....again, most likely to be resolved in a violent
movement with heavy volume....just as the recent Bollinger squeeze.
geocities.com
Some info on triangles etc.
chartpatterns.com

So, now what? Let's assume we get the indicated 3-5 point pop....
Is that enough to cause serious covering? Possibly not.....in which
case I would anticipate a return to that ever rising trendline....which
will be higher then, than it is now....

Assuming this trend continues....the following pop should carry us into
the low 20's....it could get interesting...hmmmmm, actually it's kind of
interesting now. Is that confusing??? I'm speaking of the pop after this
one...assuming there is this one....whatever....

A general warning.....if you use TA at all...use it only as an adjunct
to fundamental research....as an aid in entry and exit points. None of the
above takes into account, general news or news specific to ACRT....
other than that which is naturally reflected in the chart.

As inexorable as this climb appears right now....things can and do happen.
Please take note of the Nasdaq charts.

Good luck,

Stan