PLATO'S RETREAT (PLATO)

[tolateshmart]

Thanks again BB. I use charts to see where a stock has been. With pennies.

The MACD histogram gives me the best feeling for general interest which drives the stock up or down.

I try to find stocks that have something going for them as in UNVC or FONR which both have a unique product and have not been "discovered" yet.

The two oil stocks were purchased for earnings potential with increased gas and oil prices. BSIC lists a low float and if earnings hold it should appreciate nicely. I do anticipate a drop in BSIC and will pick up more if it does. I usually "get in" earlier because stocks do move on anticipation of good news or leaked information (UNVC and FONR moved up without good earnings news).

Getting "in earlier" means I will wait for "my day". If the stock info I based my buy decision on is somewhat accurate my day will come!

There is a large chart reading faction and they will always be a factor in stock price movement. I don't see charts driving earnings, rather earnings (or potential) driving charts.