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Re: jedediahsmith post# 2985

Saturday, 06/02/2007 11:31:49 AM

Saturday, June 02, 2007 11:31:49 AM

Post# of 49586
I've found that in the OTC & OTC BB markets performing DD is most times just too difficult and time consuming. 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'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 out 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 all else fails, try the "EENY MEENY MINEY MO" selection process.

(Just wanted to loosen up the bare-knuckle,nail-biters who are waiting for the stock price to get going. Take it easy, It'll happen soon enough-2 weeks IMO

Jimstr


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