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

To: Mr. Big who wrote (46428)	1/24/1999 7:32:00 PM
From: JEB	Respond to of 119973

Please look at this chart: bigcharts.com Notice in September and October there are two consecutive lows forming a 'Flying W Pattern' (Very bullish!). The market took off. Now look at the last month. We have the same pattern forming in reverse, 'Flying M Pattern'. It should have the same momentum as the W Pattern. We're talking a breakdown real soon. If you look at the W pattern you will see that there were several times that the market rallied or trended sideways. This happens in a bear trend as well as a bull trend. The earnings coming out may do well for those stocks and rumor stocks always have a life of their own but overall we are looking at a down market for a little while. -IMO- Short trading, JEB