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Re: The Real Titan post# 1148

Saturday, 06/02/2007 11:22:20 AM

Saturday, June 02, 2007 11:22:20 AM

Post# of 31561
I've found that in the OTC & OTC BB markets performing DD is most times just to difficult, time consuming & very suspect. Many will argue that technical analysis doesn't work & that due dilligence is the only way to invest, but thats the key word "invest." I am NOT investing in these play's, I am simply trading them for short term profits. I'll generally scan for stocks within a specific market cap range, that are above .01 and at or very close to their 52wk low. Then I will thin our my searches for the one's that have fallen the fastest and show a modest drop in volume caused by selling. At that point, I'll use the other indicators, such as the Relative Stregnth Index (RSI), which indicates when a stock is becoming over-sold or over-bought. I also like the Bollinger Bands, Moving Average Convergance/Divergance Histogram (MACD Histo), On Balance Volume (OBV) and Volume indicators.

If that doesn't work, try using the "EENY MEENY MINEY MO" theory

Just thought you might want to loosen up a little in light of the recent share price trend.

Jim

Theoretical physics can prove an elephant can hang from a cliff with its tail tied to a daisy, but use your eyes -- your common sense ----
please DD before you buy or sell
Jimstr