Replies to post #222 on WR's Momentum Trades (TITT)

[ChrisJP]

RTRN -- coulda been worse Wayne ....

I bought some at .35 on Friday ... not very much fortunately ..

but sold it at .29, cuz I didn't want to hold it over the weekend ! lol -- Saw it take off on Tuesday and posted in on TGL thread.

I will be watching how the NASDAQ performs against its 50 dMA. It broke below its 50 dEMA, but its 50 dMA is around 2060ish. If the NASDAQ starts trading below it and stays below it, the multi-baggers will most likely dry up soon -- just like last year.

http://www.siliconinvestor.com/research/chart.gsp?s=COMPX&lotemp=75841&period=120&time=d...

FBNI was mentioned on this thread last week, so I decided to check it out. I had no trouble spotting that they were about to hit their authorized share count. The cure for which is typically an R/S. I was guessing 100:1 sometime next month.

So I PM'ed 4 or 5 people that I thought might be in it or might be considering it. I got PMs of appreciation from most of them.

Have fun today !
Chris