Universal Energy Corp (UVSE)

[Ben Bien]

yeah, I've frequented their site more recently to check what the site says about UVSE, and I have come to the conclusion that they (and by 'they' I mean the coding/algorithm the site uses) price stocks on a day to day basis, which is a very microscopic way of trading stocks. It is also based purely on day to day technicals and does not factor in the existence of tentative news concerning the company's projects. I think American Bulls would be useful for persons who hold stock for a day or less. I also think that their buy and sell ratings have been quite accurate, given that a person could have traded in this manner and turned a healthy profit after each round trip trade:

07.17.08 0.0240 Sell
07.11.08 0.0185 Buy
07.08.08 0.0330 Sell

Plus, by using mainly candlestick charting, the site waits for confirmation of an uptrend:

"The last two candlesticks formed a Bullish Harami Cross Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation. "