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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?

To: John Poydock who wrote (484)	7/29/1998 1:48:00 PM
From: Harry W. Lowe	Read Replies (2) \| Respond to of 942

John, Welcome to the LCAV thread. If you would take the time to look back to earlier posts on this thread I think you will find that AR, several others, and I have been long term supporters of LCA Vision, Inc. I have been in this stock since it was first listed on the OTC BB (pink sheet). I believe that this company will be a leader if not the leader of companies in this sector. Having said all of that, I think there is a time to own stocks and a time not to own stocks. It all depends on your investment time horizon and the amount of capital you have to invest in the market. In other words everyones investment plans are not the same. Fundamentals are very important and primary in selecting and staying with a stock, but fundamentals, as you and I are privileged to see are frequently out of date, incomplete, or inaccurate. When we follow what we believe to be good fundamentals, it often happens that we "sheep following the pack". I have discovered, during over 30 years of using technical analysis (TA), that TA will enable verification of fundamental analysis (FA) and buy and sell timing in a way that fundamentals alone will never do. To be successful in investing in the stock market, both tools are needed. As far as LCAV is concerned, the charts have been working very well. I have had several successful trades in recent times that have resulted in over 200% profit, all made possible through TA. I know that other technicians on this thread have had similar gains. Enough said on that topic, there are room for all that would support LCAV. Looking forward to your posts on this thread. Harry

To: John Poydock who wrote (484)	7/29/1998 3:44:00 PM
From: Manny Gugliuzza	Read Replies (1) \| Respond to of 942

You know John after all the intensity of the day to day trading it seemed to beat a real pulse into my very existence almost to where i could "feel" the trading. I really did need to back off even with large blocks of a different trading style that Harry has just mentioned. It can drive you nuts. That is why i posted the weekly longer term charts which seem to apply more to the regular trading for longer term and people will not get whipsawed as easily. I think it is more applicable to the last 3 months of stock price action also and delivers that smoother appearance of the uptrend. ar.