Replies to post #16551 on SmallCap Trading Techniques

[I Like Bottom Fishing]

Thanks cargo the copi chart looks fine it seems to be in a up trend mode and looking at the CMF indicator there seems to be a lot of money in that piggy bank, the chart also show today was the first day of the parabolic sar and today's closing candle was doji. I like this chart set up cargo, god bless and always the best of trading.

http://www.ddmachine.com / please click here and enter symbol.




please click here.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=COPI&MarketTicker=OTC&TYP=S

COPI
COMPLIANCE SYSTEMS CP
Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 09.29.2008 (15) days ago, when the stock price was 0.0120. Since then COPI has gained 25.00% .

Our advice today is simple and clear. Hold your stocks and wait for a new signal.

Do not bother yourself with further buying and selling as long as the HOLD tag stays.
Data provided by: End of Day Data

http://www.americanbulls.com/StockPage.asp?CompanyTicker=COPI&MarketTicker=OTC&TYP=S

HOLD

0.0150
+0.0015 +11.11%
Candlestick Analysis
Today’s Candlestick Patterns:
Doji



Candlestick Pattern

Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.

For more about this candlestick click here.
http://www.candlesticker.com/Cs07.asp
http://www.candlesticker.com/Cs07.asp

[I Like Bottom Fishing]

Who is Killing Our Market?

Market Commentary by Tom Allinder

Who is Killing Our Market?

http://www.hotstockchat.com/

Hot Stocks...

The Best Promotions and Performers OCT 14 2008:

Russell Industries, Inc. (Pink Sheets: RUSL) is consolidating. The stock traded a whopping 154 million plus shares today and finished down .0002 for the day after hitting a high of .0015. The .0015 level represented a 7 1/2 bagger in two days!

Edgetech International (Pink Sheets: EGIL) closed this day up .0109 to close at .061 on volume of 670 thousand shares...

International Building Technologies Group, Inc. (OTCBB:INBG) announced today that based on the current ongoing audit of Wuhan Wufeng Machinery Manufacturing Company (“Machinery Company”), preliminary audited figures show that the Machinery Company’s assets are worth significantly more than anticipated and previously announced. Read the rest of the story here. The stock closed at .001, up .0003 on volume of over 2 million shares.

PetroHunter Energy Corporation (OTCBB: PHUN) was up .025 to close at .105 on volume of nearly 1.6 million shares.

Market Commentary by Tom Allinder

Who is Killing Our Market?

I am sure that Traders and Investors that have been around the microcap markets for a long time years noticed that the market has continued to weaken over the last two years. During this time, I have picked up a lot of opinions as to why the market is difficult these days. Several factors are to blame for the problems but one sticks out more than the others…

The Big Trading Firms are Gone

The OTCBB and Pink Sheets have essentially become driven by for what is all practical purposes an ECN market. ECN stands for Electronic Communications Network; it is an electronic system that attempts to eliminate the role of a third party in the execution of orders entered by an exchange market maker or an over-the-counter market maker, and permits such orders to be entirely or partly executed. An ECN connects major brokerages and individual traders so that they can trade directly between themselves without having to go through a middleman. While this sounds good in purpose, it has greatly eliminated liquidity in lower priced stocks. This is because there are no longer actual human market makers to participate in the market. This is what used to give the market liquidity it had in 2005 and before; the market makers were there to play too. Now they are gone. A number of the bigger brokers left the penny market in 2004 and 2005 due to huge losses in stocks and trading volume.

Fewer Players mean Bigger Spreads

Now that the OTCBB and Pink Sheets are just ECN markets and have little market maker involvement, it is only the traders making the market. Market makers are usually very good traders and their involvement meant that they could run an orderly market. That is actually part of the definition of a market maker; run an orderly market. Without them, you have a market in chaos. When the market makers were participating they were looking for small scalps and would go long or short depending on the order flow which they could see in advance. This gave the market the liquidity that produced returns well beyond what you could get in almost any other sort of trading.

Bid and Ask Spreads

Because of the lack of liquidity and rule changes and such over the last 2 years, the price quotes on the bid and ask are no longer tight even if there is good volume on the stock. When we had market maker involvement, a stock with good volume would be quoted to the nearest tenth of a penny or nearest 100th of a penny. Examples would be a stock trading at .20 with a bid of .199 and an ask of .20. When a buyer bought the stock they were not buying into a .01 or more spread. For sub penny stocks, they are now quoted in .0005 increments instead of .0001 increments. Sub pennies with good volume for example would be quoted at .005 with a bid of .0049 and the ask of .005. Now, typically, you have a bid of .0045 with an ask of .005. Once the sub penny stock moves above this level, you will typically see .005 bid by .006 ask. The buyer has to buy into a spread that is ten percent or greater. Another significant problem is that stocks that get good volume will advance in price increments too fast when buyers come in and decline too quickly when sellers come in. When we had advances in hundredths and thousandths, a stock could build momentum over a period of hours and days. This is a big problem that needs to be addressed. If the traders are making the market, they should be able to buy or sell at any price they want.

Novice Traders

Now that the market is run by traders, there are enough traders in the marketplace to occasionally have a market. This is short lived though due to the lack of confidence and price spreads. When a stock starts to rally, the rally is sold for a small profit. Often times traders will get in profit and sell on the bid side to get out with a small profit. Problem is though that only one or two will get out and the stock will collapse leaving the rest hung in the stock. If traders are going to make the market, they have to learn how to buy and how to sell stock. These days even experienced traders will dump on the bid for a small profit. This entire process ends up being an ever tightening circle of small profits and big losses. No one is going to trade a market whereby there are small rewards and huge risks.

What Can be Done?

Now that the problems are well known, what can we, as individuals do to fix the market?

First all, I am going to start a petition to the trading firms to get the price quotes back to hundredths and thousandths. We will need all the help we can get. Actually the most powerful entities that can affect change are the companies that are traded in the market place. CEOs need to understand the problem and I am sure there are many CEOs and management teams that do not understand the landscape of the market.

Traders need to understand that they can sell stock on the offer. Education of the traders is paramount to fixing the market as well.

I know this is an ambitious plan but we need to take it to the brokerage houses and the regulators. We need to be able to trade and invest in companies on the OTCBB and Pink Sheets with greater ease and confidence.

Any ideas? Please email me!

[e-mail]

http://www.hotstockchat.com/

World Markets

hotstockchat.com logo
Contact Information for HotStockChat.com:

Phone: [phone]

Copyright © 2008 HotStockChat.com. The information published on this site has been obtained or prepared from sources believed to be reliable but cannot be guaranteed as to its accuracy or completeness. The publication of information on HotStockChat.com is not a solicitation to buy or sell securities mentioned on the site. Investing is not for everyone and should not be entered into unless a complete analysis is considered and all risks understood. IF any companies, individuals or other entities mentioned by HotStockChat.com pay or compensate HotStockChat.com in any way, shape or form, it will be noted on our disclaimer page.


To get Fibonacci Retracement Support and Resistance for a stock click here and enter symbol.
http://www.ddmachine.com/default.asp
This Is only my opinion posted here please due not buy or sale a stock base on my opinion. For practice or educational purp

[I Like Bottom Fishing]

COPI News Call Compliance's VP Of Sales Among Initial Eight ...

Friday, October 17, 2008 1:02 PM

From:
"[e-mail]" <[e-mail]>
View contact details

News for 'COPI' - (Call Compliance's VP Of Sales Among Initial Eight To Become American Teleservices Association's First-Ever SRO Certified Auditors)

GLEN COVE, N.Y., Oct 17, 2008 (BUSINESS WIRE) -- Bernie Goulet, Vice President
of Sales for Compliance Systems Corporation (OTCBB: COPI,
http://www.callcompliance.com) -- known in the industry as "Call Compliance" --
has successfully completed and obtained Auditor certification from the
first-ever self-regulatory organization (SRO) auditor class conducted by the
American Teleservices Association (ATA). Mr. Goulet was one of eight individuals
from a class of eleven attending the course to pass the certification test. The
examination was given at the Taylor Institute for Direct Marketing, located on
the campus of the University of Akron.

"I believe completing this course will give me the ability to help our company
better serve our clients throughout the world, and provide even stronger
compliance with the various government regulations in our industry," stated
Goulet.

Founded in 1983, the American Teleservices Association (ATA) is the only
non-profit trade organization dedicated exclusively to the advancement of
companies that utilize contact centers as an integral channel of operations. The
ATA currently represents more than four thousand contact centers that account
for over 1.8 million professionals worldwide.

"A self-regulatory organization exercises some degree of authority over an
industry or profession," explains Tim Searcy, CEO of the American Teleservices
Association. "Our decision to form the ATA-SRO was based on the belief that
ignoring a consumer issue only creates harsher recourse by the government. The
goal we've set for our SRO is to not only to deliver a positive teleservices
experience for our customers, but also to help our members tackle tough issues
that would otherwise face governmental scrutiny."

About Compliance Systems Corporation

Headquartered in Glen Cove, NY, Compliance Systems Corporation
(www.callcompliance.com), is a developer of technology-based compliance
solutions for the teleservices industry. Its prime focus is ensuring 100%
compliance with federal, state, and local government "Do-Not-Call" laws through
its flagship patented product, TeleBlock(R), as well as its associated suite of
telecommunication products. The company sells to corporate companies and
business across a wide-range of industries and sectors. Additional information
on the company and/or its suite of products can be obtained at
www.callcompliance.com or by calling [phone]. Call Compliance Inc. is a
wholly owned subsidiary of Compliance Systems Corporation (OTCBB: COPI).

Forward-Looking Statements

The forward-looking statements contained herein are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
reflected in the forward-looking statements. Readers are cautioned not to place
undue reliance on these forward-looking statements, which reflect management's
analysis only as of the date hereof. The company undertakes no obligation to
publicly revise these forward-looking statements to reflect events or
circumstances that arise after the date thereof.

SOURCE: Compliance Systems Corporation




CONTACT:
The Investor Relations Group
212-825-3210
Investor Relations:
Conrad F. Mir
[e-mail]
or
Christine A. Berni
[e-mail]
or
Media:
Steven Melfi
[e-mail]




Copyright Business Wire 2008

-0-




KEYWORD: United States

North America

New York

INDUSTRY KEYWORD: Technology

Telecommunications

Communications

Marketing



Source: Comtext Market News

Compliments of Scottrade.com