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Basin Street Blues

03/23/15 4:34 AM

#31300 RE: koman #31297

Hi Koman -

The system (Recognia) that appears on Bloomberg which is obviously an algorithmic / pattern search tool, is on the whole OK .

But keep in mind if it had said sell , I wouldn't have posted it and also the fact I have the ability ( almost mystical! ) to look at any chart and find a reason why its going in the direction I want it to.

Over 32 years in the industry the ONLY thing I look for (or fear)
is markets that have `gapped`.

In general markets are cyclical , in fact most things are , unless there's been a shift in the balance , and a shift being for us being probably trial results in which case the cap off the back of tangible good news is probably then harmless.

The only thing about Recognia that is undeniable especially in a tiny cap stock like NWBO , is that the alerts appear on Bloomberg professional , that 300,000+ industry people so it doesn't take many new buyers or sellers to move the price and thus it can become self fulfilling ..

ATB