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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (5003)1/11/1999 12:29:00 PM
From: gary g  Read Replies (1) | Respond to of 6931
 
Barbara, we are talking around each other's points and thus traveling in a circle. The point you make that I most agree with it is "they just do not compare". Have a pleasant day we in southern Florida are having a bit of a cold snap projected ties today in the low 70,s.



To: BarbaraT who wrote (5003)1/11/1999 2:32:00 PM
From: John S. Baker  Read Replies (1) | Respond to of 6931
 
Not specifically to you, Barbara....

As most members of this thread now, I dabble in technical analysis, especially with regard to demand analysis.

So, naturally, this weekend, as usual, I took a long hard look at TSIS, to see if I could find evidence of significant accumulation, especially since September(when the company trading ceased) and since December 21st (the AGM).

In short, there are some positive technical indicators, but nothing I would consider overwhelming evidence yet.

Best news is an obscure indicator called "Negative Volume Indicator" which shows a steady increase since late December. NVI is a plot which considers only those days in which the volume is *less than* the preceding day's. As such, it is supposed to indicate "core money" or "smart money", uninfluenced by any flood of new money from supposedly-foolish whim investors.

For my personal investing, I far prefer MFI (to indicate accumulation), which so far is not showing any great increases.

Stay tuned!

JSb