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Re: ORCA post# 134317

Wednesday, 06/09/2010 12:56:58 PM

Wednesday, June 09, 2010 12:56:58 PM

Post# of 241130
"DENNIS CHARTS MEAN NOTHING ON PENNY STOCKS.ONLY FOOLS SELLING DOWN HERE IMO."

Investors don't use charts on penny stocks? Or is it more like they only use them when they are to their advantage? In the past I have seen many longs refer to the charts when the stock is doing well but they don't mention them when the stock is dropping. Just last week our own Rocketstocks referred to Barcharts when the stock was making a brief move higher. Did you remind him that the charts mean nothing on penny stocks?

Posted by: Rocketstocks Member Level Date: Tuesday, June 01, 2010 9:40:47 AM
In reply to: Dennisb68 who wrote msg# 131637 Post # of 134361
Dennis, you better check barcharts.com... The indicators are start to look mighty fine.

Oh yeah, barcharts wont give you the buy signal for a couple days.