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Re: Mr_Bogs post# 44598

Wednesday, 08/06/2008 1:57:55 PM

Wednesday, August 06, 2008 1:57:55 PM

Post# of 137480
(RE: TMA) [ot]
Hi Mr Bogs,
Why did I pick some up?
Thanks for asking.
I took a small position. =)
------
A few reasons.
(chart play)

1.Bigboard stock
2.Down from 26.67/share OR 1% of pps currently. (.27)
3.Forming 2nd half of "w" formation on chart.
4.Buying when no one wants em.
5.***a little key factor not a lot of people know about.

Fibonacci stuff.
A stock will run: 100% up.
Then retrace.
The next leg up is for 300% up. (typically)
Observe the chart.
When you see a stock run MORE THEN 100% up, then retrace...it has potential to double or better AGAIN.
In this case it bottomed at .18 then shot to .40 (see it)
minor retrace.
The 5-8 dollar gap..is interesting too lol =)



Hope this helps. IMO <<THIS IS WHAT I WAS LOOKING AT>>
-VERITAS77 *^]-




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