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


To: Jerry B. who wrote (13977)3/27/1999 12:45:00 AM
From: keith  Read Replies (1) | Respond to of 37507
 
Want to share with the board a message that I recently posted to someone...Its just the way I see bii short term....

The MACD is at its highest ever. Certainly your experience with clearstation tells you that MACD is a lagging indicator; now study the Stochastics. Its in the overbought territiory. But take a look at the last few price spikes and then move your eye down at the fast and slow Stochastics. You will see that the curent position of the Stochastcs indicator if it goes the same way as the last two price spikes we could see another pop in the price next week. Those last 2 price spikes was on the back of the Stochastics just starting to turn down and then back up quickly.
Especially since the CEO has already publicly stated that there will be exciting news released next week. This CEO Paul Godin has always come through on his word. Todays late day activity seen the daytraders clearing out their positions before the weekend. I'm expecting a spike up again next week based on these 2 bits of info and will sell my positions and look to buy back in when the charts look better. I believe this is a winner but also want to profit when profits are there. Good Luck with your trading. Keith.

Here is a link for the charts. Type in bii!
canada.bigcharts.com



To: Jerry B. who wrote (13977)3/27/1999 1:14:00 PM
From: Denise D  Read Replies (2) | Respond to of 37507
 
Jerry,

Bid.Com got a mention on IOL today - did you catch it?

Denise.