Archie's Corner

[mmayr]

Analysis on new picks:

USIX: Several indicators point to the direction that USIX is ready to move forward. It looks like 30 cents would not be unrealistic: http://host.wallstreetcity.com/wsc2/chart.html?0fval0=104&1fval0=216&3fval0=204&4fval0=2...

PEOP: Also has some good chart indications. It appears to be reaching a bottom around 22-24 cents. Watch for a breakout at the 25 and 30 percent lines on the stochastics and the RSI.

GR: The chart on GR is a lot like MATX, from yesterday. Both have a great positive slope in their forward movement. These types of charts are great for those who want some time away from their computers. But em and let em take their course. That course should remain upward and onward in a positive market environment: http://host.wallstreetcity.com/wsc2/chart.html?0fval0=104&1fval0=216&3fval0=204&4fval0=2...

CMIH: Thinly traded, poor volume. . .could be easily manipulated. Watch out for that one. You may get in and won't be able to get back out.

VNTR: Watch for a stochastics and RSI breakout at the 25th and 30th percentile. Nice volume and there appears to be a base at 40 cents. However. . .that base could easily fail on bad news or without continued market support. And if it does, no telling where the bottom may be: http://host.wallstreetcity.com/wsc2/chart.html?0fval0=104&1fval0=216&3fval0=204&4fval0=2...

Will come back with more. . .MATX is certainly on my watch list along with USIX, DNAP and PEOP (daily watch list). GR is great for the mid-term investor. If I had a spare 30K it would go into GR.

Peace. . .


Keep the Faith!

M&M Man