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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (2295)6/4/1999 6:36:00 PM
From: ~digs  Respond to of 4766
 
DPAC testing resistance again today. Any thoughts?

Also been unable to find a reason for the volume in GRDN. Don't think it's the MMs. Contract may be looming... just speculation tho.




To: Kevin Shea who wrote (2295)6/5/1999 10:46:00 AM
From: Rande Is  Respond to of 4766
 
Here is something to throw in your pot on figuring out the nets bottoms. The usual daily routine has been a Thursday rally followed by a Friday decline in high-techs. . . .but the past 3 or so weeks we have seen mid-week declines followed by late Friday short-covering rallies. That is telling me that the BIG money is playing Inets and related short as their primary direction, then jumping out for their weekend Bar-B-Q.

As you work your charts, you should keep this skew in mind. . .since the short-covering is a fairly unnatural event in the larger scheme.

What would your charting look like on internets if you were to remove the past 3 Fridays?

Hey. . . give me a break, folks. . . we have to re-write our rules as we go along. . .that's all part of staying AHEAD of the market and not being suckered by it.

Rande Is