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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: Chris Kozaczka who wrote (5278)	3/16/1999 3:29:00 PM
From: Fireman Dan	Read Replies (2) \| Respond to of 9115

Chris, in response to AAFGQ, I haven't done any DD on it and so of course I don't own it. I did take a look at the chart and IMHO this pattern looks like a consolidation period and could run up some more. It's hard to determine if and when. This stock had a "long" accumulation period (in penny stock time) from Aug. 98 until it started it's break out on Feb. 26th. From what I can tell it was around a 1/16th and has risen 300%+. In addition around 20 million shares changed hands in about 5 days. Consequently this stock could use a bit of a breather. I would just say, watch the trend line, know your down side risk tolerance and have a quick trigger finger. Good Luck and Good Trading, Dan