SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (2372)5/21/1998 7:21:00 AM
From: Lawrence Burg  Read Replies (2) | Respond to of 4783
 
Cool. Good Luck. I'll be waiting w/some cash to buy on the dips. Appreciate your confidence in the FA. LB



To: Richard Mazzarella who wrote (2372)5/21/1998 7:23:00 AM
From: papa bear  Respond to of 4783
 
Richard, Lawrence, Take a look at 10-day momentum. Look at the bottoms from about a month or month and a half or so ago.

I drew a support line connecting these bottoms and noticed that momentum is presently touching this support line, but, obviously, still headed down. Most all of my other indicators, except for MACD are negative at present. The trend in momentum is definitley sloping upward over this 1-2 mo. period. If, however, mom. penetrates this "bottoms" trendline, the stock may go down somewhat or at least settle around 0.075 - 0.09 like it settled out the last time.

I'm also hedging the TA indicators with the likelihood of impending news. Think it's a dangerous stock to trade with all that's supposed to happen - TA notwithstanding.

Again, glad to see some fellow TA'ers. Whadda u guys tink????

Best rgds,

Ron