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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?


To: Tony who wrote (1291)5/12/1998 11:45:00 PM
From: Brad  Respond to of 8879
 
Tony, With OTC:BB stocks I try to keep the windows at 14 days or less depending on the volatility.

With the recent spike we had, I omit the "extreme" impact of the spike but recognize the higher base it creates because of the large volume.

I think you can see where the day-trading really jumped in. Those traders are "in-out-and gone." So I think the aberration they create has to be somewhat discounted when looking at technical analysis.

Here is a site that has a lot of good information on TA...

equis.com

I think it was very significant that we broke through the .40 cent level so strongly. The .60 cent range is now the new "psychological" peak to beat.

Fortunately, GLOW says they have a number of positive things to release in the near future. Those things, combined with the fact that they intend to be fully reporting in the next 6 weeks or so, should add a lot more strength and stability to the company and the share value.

Credibility is so important for young growing companies. And GLOW seems to understand that.

Best wishes,
Brad