SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Agiss Software (AGCR) - Year2000 + -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Smith who wrote (1582)5/2/1999 9:01:00 AM
From: Cub Fan Dan  Respond to of 1811
 
To all; I tried to buy 20,000 shares Friday at .035. Only got 5,000 filled. Will try for the other 15,000 tomorrow morning. Hoping to get in before the run-up, if one is coming. Speculative money only.
Dan



To: Patrick Smith who wrote (1582)5/3/1999 1:09:00 AM
From: Lawrence Burg  Read Replies (2) | Respond to of 1811
 
Didn't like that phrase, huh...c'mon it was late...:o)...underlying reversal...meaning the indicators are starting to move w/o the price, as opposed to unsupported price appreciation.

I'm looking at the last 6 months. Outside of the February spike, look at the nice gradual turn on the MACD(9). Most of the Oscillators exhibit a similar line, if you connect the bottoms...pick any Stoch.

I also see fresh highs on some indicators (outside the volume)exceeding those of the February spike (Bostian's A/D) and some coming close (MFI(9)). All w/o proportionate appreciation in the price.

So, I see some (albeit short) trend reversals building in the indicators...which hasn't shown fully in the price. Now, granted, at a nickel, TA is almost as wide open as it gets to manipulation, but assuming none, I'd watch for the indicator trends to continue to swing up and the price to follow suit...a basic advantage of TA...

Fwiw, I also noticed some positive breadth in the A/Ds for the first time in the past 6 months, likely driven by the 20+M up shares traded earlier this month. However, there doesn't seem to have been a comparable selloff, as the breadth stays positive (DMIs, Bostian's).

I've been trying to use AD trends to spot short term runs.