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Microcap & Penny Stocks : PONY - Pan American Motorsports/American IndyCar Series -- Ignore unavailable to you. Want to Upgrade?

To: Mark Buckshon who wrote (44)	8/15/1998 3:18:00 PM
From: Bill Fortune III	Read Replies (1) \| Respond to of 97

Greetings Mark and everyone. Updated Closing Price information since July 1, 1998 on PONY: with added information. Date = Close = Volume = + or (-) = Percent 8/14/98 = 0.2400 = 429,900 = 0.040 = 20.00% 8/13/98 = 0.2000 = 205,500 = 0.030 = 17.65% 8/12/98 = 0.1700 = 3,200 = (0.015) = -8.11% 8/11/98 = 0.1850 = 76,500 = (0.020) = -9.76% 8/10/98 = 0.2050 = 62,300 = (0.020) = -8.89% 8/7/98 = 0.2250 = 412,500 = (0.005) = -2.17% 8/6/98 = 0.2300 = 210,000 = 0.010 = 4.55% 8/5/98 = 0.2200 = 55,000 = Unchg = 0.00% 8/4/98 = 0.2200 = 17,000 = (0.010) = -4.35% 7/31/98 = 0.2300 = 40,600 = (0.010) = -4.17% 7/30/98 = 0.2400 = 20,000 = 0.010 = -4.00% 7/29/98 = 0.2300 = 228,500 = (0.020) = -8.00% 7/28/98 = 0.2500 = 75,000 = Unchg = 0.00% 7/27/98 = 0.2500 = 70,900 = (0.030) = -10.71% 7/24/98 = 0.2800 = 167,100 = 0.010 = 3.70% 7/23/98 = 0.2700 = 155,900 = Unchg = 0.00% 7/22/98 = 0.2700 = 155,900 = 0.030 = 12.50% 7/21/98 = 0.2400 = 110,000 = (0.020) = -7.69% 7/20/98 = 0.2600 = 59,500 = Unchg = 0.00% 7/17/98 = 0.2600 = 292,500 = Unchg = 0.00% 7/16/98 = 0.2600 = 42,500 = (0.035) = -11.86% 7/15/98 = 0.2950 = 9,200 = 0.015 = 5.36% 7/14/98 = 0.2800 = 51,500 = 0.030 = 12.00% 7/13/98 = 0.2500 = 7,200 = (0.030) = -10.71% 7/10/98 = 0.2800 = 67,500 = 0.010 = 3.70% 7/9/98 = 0.2700 = 47,000 = Unchg = 0.00% 7/8/98 = 0.2700 = 25,000 = (0.040) = -12.90% 7/7/98 = 0.3100 = 30,500 = Unchg = 0.00% 7/6/98 = 0.3100 = 148,300 = (0.030) = -8.82% 7/2/98 = 0.3400 = 55,000 = = Since 7/2 ----- = 3,331,500 = -$0.100 = -29.41% Latest Price = $0.2400 Highest Price = $0.3400 Lowest Price = $0.1700 Avg Price = $0.2513 Total Vol = 3,331,500 Trading Days = 29 = 100.00% Up Cosings = 9 = 31.03% Down Closings = 13 = 44.83% Unchanged = 7 = 24.14% RECENT 30 DAY CHART SHOWING THE FOLLOWING: Top 2/3 of the chart: Bollinger Bands: Bollinger Bands are a type of envelope (or trading band) plotted at standard deviation levels above and below a moving average. Because standard deviation measures volatility, the bands widen during volatile markets and contract during calmer periods. Sharp price changes tend to occur after the bands tighten, after volatility lessens. When prices move outside the bands, a continuation of the current trend is implied. Bottoms and tops made outside the bands followed by bottoms and tops made inside the bands call for reversals in the trend. A move that originates at one band tends to go all the way to the other band. This observation is useful when projecting price targets. Lower 1/3 of the chart: The stochastic indicator attempts to determine when prices start to cluster around their low of the day for an uptrending market, and when the tend to cluster around their high in a downtrending market. Lane's theory is these are the conditions which indicate a trend reversal is beginning to occur. The stochastic indicator is plotted as two lines. They are the %D line and the %K line. The stochastic is plotted on a chart with values ranging from 0 to 100. Readings above 80 are strong and indicate that price is closing near its high. Readings below 20 are strong and indicate that price is closing near its low. bigcharts.com In my opinion and estimation of the above information it appears that PONY is about ready too do a reversal to an up-trend. You will need to judge this for yourself but to me all indications point in that direction. Regards, Bill Fortune III