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

To: ando who wrote (7244)	1/25/1999 7:39:00 PM
From: Otto GRAF	Read Replies (1) \| Respond to of 37507

Dear Ando, The only track record that i have is that i study finance, acconting, option/strategy and technical analysist. Tech. ana. is reliable at 75% of the time. Sometime you have clear signal on the upside, sometime they are on the down side and sometime the signal are congestionned. Right now, we had a selling signal last week at around $7.00 and we still on the selling signal . Today we had a tech. rebound which should not last too long may be one or two more days or may be not I can tell you that we have a resistance level at $6.00 so the price should not go hire than 6.00 than after the price will decrease. The next support level is at $3.52 so it doesn't mean that the price will test that level but it could very well be. I trade Bid.com has much as i can, but only for long position I DO NOT SHORT Bid.com trust me. It is too dangerous. I strongly beleive to the management of bii but i am also very cautious the only thing which i don't like about the company is the 42.5 Million shres outstanding. In another word i am afraid that one morning the company decide to do a consolidation (reversing split). You know what will happen to the price!!!!!!!!!!!!!!!!!!!!!! Otto Graf