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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: TokyoMex who wrote (468)7/19/1998 1:24:00 PM
From: JEB  Read Replies (1) | Respond to of 119973
 
I started a web site for informational links.

Subject 22110

It looks like a good investment and a great investment if the market goes south.



To: TokyoMex who wrote (468)7/19/1998 3:31:00 PM
From: JEB  Read Replies (1) | Respond to of 119973
 
Joe,

Take a look at this chart on Sears (NYSE:S):

chart1.bigcharts.com

You can't see a pattern clearly on any charts less than 5 years. I can see a left shoulder and head formed already. Now, if you would, take a look at the 10 year chart:

chart6.bigcharts.com

You can see a pattern of multiple head & shoulders over a 10 year span and what happened if the pattern held or what happened if it broke out on the upside.

Do you see this as a possible short? Most importantly, do you know who is invested in this stock and the MM's?

I heard it is a favorite of some fund managers. Do you know if this is still true?

Any information would be appreciated.

Thanks,
JEB