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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?

To: LT who wrote (1701)	7/12/1998 3:01:00 AM
From: Russel W. Kennel	Read Replies (1) \| Respond to of 3129

Check out this URL: equis.com Put the stock into the upper left hand corner, and select the "stochastics" option from the dropdown menu, and then hit "enter". It shows that the "K" line dropped below the "D" line on the day GNNX hit $4 creating a strong "sell" indication. Given the existence of those gaps to boot, selling is the only sensible thing to do until the gaps are filled, notwithstanding all the talk of fundamentals. Now, however, the "K" line has just cut above the "D" line creating a buy signal. However, I notice that the rise lacks conviction, and wouldn't want to bet too heavily upon a sustained rise just yet. But some betting may certainly be in order "just in case". I only learned about this web site recently and am trying out the various indicators on various stocks. (In conjunction with fundamentals of course) It certainly appears that the gaps were intentionally filled as you indicate, and many others have previously accused the markets makers of "walking" the price down, and they (we) may very well be correct. Russ