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


To: NTT who wrote (16762)4/6/1999 12:42:00 PM
From: Sili Investor  Read Replies (3) | Respond to of 37507
 
Trying to use Technical Analysis on this one, and in the internet stocks in general, is like trying to run the TSE with an abacus. I wouldn't put too much faith in the technicals cause it only looks at past performance rather than the expectations associated with NASDAQ and internet stocks in general. Just IMO.



To: NTT who wrote (16762)4/6/1999 12:47:00 PM
From: keith  Read Replies (1) | Respond to of 37507
 
NTT, again, it is all relative to the perspective. I use 1 year time charts. The stochastics have come off the overbought territory and are now sitting at the half way mark. Yesterday's activity provided the small turn upward in my stochastic charts and in combination with today's activity, it won't be long(no pun intended) before the stochastics reach overbought status again. With the volume staying moderate and these up days continuing we are moving up very healthy.

Thanks for your input.
Keith