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

To: zwing_88 who wrote (24744)	4/23/1999 7:18:00 AM
From: Lola	Read Replies (1) \| Respond to of 37507

BIDS has formed a cup and handles pattern. Over the past several weeks and months the stock has sold off, bottomed, risen back to the levels of the original sell off (the "cup"), and then retraced again slightly (the "handle"). This formation often precedes a stock rally. I will be watching closely with alot of my Canadian and American friends to jump in and go long when the time is right. Could be anytime now. Good luck everybody and don't let the crazy market scare you. BIDS has arrived and will be around for a very long time. Let's give them hell! Lola:))

To: zwing_88 who wrote (24744)	4/23/1999 8:03:00 AM
From: NTT	Read Replies (1) \| Respond to of 37507

>>>, although yesterday's U.S. volume tells you we are not far away from many Americans "discovering" our stock.<<< Trust me, this has already been discovered by all the daytraders in the US. You don't get volume like that without it. This goes beyond my wildest dreams as far as US daytrader activity goes. Remember... it's these guys who can bring BIDS to its knees and the same guys who can push it into the stratosphere. Now that the majority of the canadian investors who were marginned have been taken out of the market, more of the action will be influenced by Nasdaq direction. There will no longer be hundreds of thousands of shares being dumped by retail investors (whether consciously or forced). My quick T/A shows that we are at the bottom on this. We may continue to stay at these levels for an undetermined time, but it looks like the breakout will definitley be on the upside and not on the downside. The volume pressure indicates that the upside break should be very very soon. If it doesnt break through these levels with the extra volume, then it will go back into a slide. The worst thing that can happen to this stock at this stage is if the US daytraders move onto something else.