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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Fortune III who wrote (842)5/10/1998 6:42:00 PM
From: Larry E Smith  Read Replies (1) | Respond to of 2887
 
As long as they have operating cash the stock price will be in a up trend. Thats what I believe anyway. The charts and graphs are fine indicators to use in a profitable company. ABMI investors are very optimistic in the company and that is good. I waited for the price to
stop dropping friday afternoon and bought more . I allways do it that way. The charts should show that trend also. Thanks for the information. Larry



To: Bill Fortune III who wrote (842)5/10/1998 7:38:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2887
 
Bill I've been looking at these charts and your excellent tutorial on TA based on the various indicators. I consider myself a fairly intelligent individual so I'm going to read it and look at the charts a few more times and try to let it all sink in.

I did get this part:

Over the year's chart have proved to be very useful in my investing. About 80% of the time they prove themselves to very accurate. The above four scenario's are but only a few of those that lead me to the conclusion the ABMI should be testing and breaking the $1.00 mark.

I would be happy and honored to hear any comments and thoughts from those who look at the charts.


I'm still working on some comments based on chart analysis. I think I'll have those ready this time next year. <ggg>

My strength is fundamental analysis and my fundamental analysis tell me that ultimately every dollar spent by an investor for ABMI stock at a price below $1 will be money well invested.

Thank you for your charting expertise and your patient and thorough explanations.

GO ABMI!

Regards, Jeff



To: Bill Fortune III who wrote (842)5/12/1998 11:49:00 AM
From: Netnut7  Read Replies (1) | Respond to of 2887
 
Bill, I was trying to follow your logic with stochastics, in the graph you selected, it appears that the Fast K is still below %D and the slope of fast K is still down. I thought Fast K needs to cross above %D and the slope turn up to get a buy signal?