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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Curious Gamble who wrote (7242)1/25/1999 7:02:00 PM
From: Otto GRAF  Read Replies (1) | Respond to of 37507
 
To GJP,

Bid.com has the same pattern than the internet sector (almost) and almost the same than the Nas. comp. I mean if you look at the DJIA index and at the Nas. comp. you will be able to see with the RSI 7 or 14 periods that both indexes are on the down side I mean big divergence on the down side. Today we had a technical rebound, but trust me it want last too long. You will be locky if it last more than two or three days. I have the feeling the DJIA and or the Nas. will continue to decrease no lather than tomorrow or latest Wednesday.

But if you have a big news coming out tomorrow well definitely the tech. ana. will be ignored completely. The tech. ana. is usually right at 75% + -

Otto Graf



To: Curious Gamble who wrote (7242)1/25/1999 7:17:00 PM
From: Denise D  Read Replies (1) | Respond to of 37507
 
GJP,

Why? Think a rumor about fraud will help BII as well?

(Actually I was thinking the exact same question...)

Not that I am dismissing either Hutch or Otto's analyses, but I fail to understand how these patterns can foretell stock prices, especially with an industry that is very sensitive to politics, media, currency values, and other markets.

Surely, sometimes you just have to stick your finger out and try to tell which way the wind is blowing?

Regards,
Denise.