posted December 04, 2003 09:59            

quote:

---

Originally posted by PSU90:

I'm watching this one closely. My portfolio just isn't big enough to take the kind of hit I was exposed for. I thought it might dip into the .02's where I was going to be all over it. Its holding stronger than I expected.

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posted December 04, 2003 10:02            

quote:

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Originally posted by old mullet:
macd cross over, and bollinger swooping in on the price line like hawks on a chicken.

i think we will see upside today.

uncle milty

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posted December 04, 2003 10:13            

quote:

---

Originally posted by machtabow2:
PSU... you read the book... I don't think it will break .03. I could be wrong... but I'm still looking up and believe you will see a dramatic breakout continuation upward next week. This stock is simply too strong. Remember... the down days are when you load up... not sell... you sell into strength. It's holding well right now. mach

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posted December 04, 2003 10:15            

quote:

---

Originally posted by machtabow2:
********** CONFIDENCE BUILDER ***********

I've seen this all too many times... and I have the perfect example for you. When stocks break out and close above the upper bollinger band... and then pull back... watch out for an enormous price explosion in the following days.

An example is ADOT when it was trading at .0065 and exploded and closed above the upper bollinger band in early October. It then pulled back for a few days and exploded to .05 over the next week! Believe it or not! I have other examples... one recent one was BCON a few weeks back when I predicted the breakout and some said I was crazy. It closed above the UPPER BOLLINGER BAND and then pulled back... and exploded North!

Here's the chart for ADOT. Notice how the candlestick closed above the UPPER BOLLINGER BAND IN EARLY OCTOBER. The stock then exploded... LOOK! I'm loading the boad tommorrow... as much as I can... These opportunities do not come around to often.

PGHI closed above UPPER BOLLINGER BAND YESTERDAY... I think something is about to occur to send this OVER THE TOP!!!! MACH
daclyyay[dc][pd20,2!b200][vc60][iUah12,26,9!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=ADOT,uu[m,a]d aclyyay[dc][pd20,2!b200][vc60][iUah12,26,9!La12,26,9]&pref=G

mach

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posted December 04, 2003 10:18            

Ever wish the road to stock market profits had more signposts? Consider a closer look at Bollinger Bands.

Bollinger Bands are a technical tool used to determine whether a stock price is high or low relative to its recent trading history. The usefulness of the bands is rooted in the elementary observation that stocks tend to trade within a range over a period of time, and that excursions above or below that range may signal a change in the stock's price trend.

In the 1970s, stock chartists began to plot trading bands by calculating a moving average for a stock and then plotting it above and below the stock's actual price, either by a fixed amount or fixed percentage. Unfortunately, the optimal distance would vary from stock to stock, and over time would even change for the same stock.

In the late 1970s and early 1980s, market researcher John Bollinger hit on a better method that would take the stock's volatility into account. He began to plot the bands two standard deviations above and below a 20-day moving average. Because standard deviation measures volatility, Bollinger Bands are quick to react to large moves in the market. They widen during periods of volatility, and narrow (or squeeze) during periods of calm. The behavior of a stock when it approaches these bands offers clues to its future direction, either by clarifying traditional trading patterns or by confirming buy and sell signals generated by other technical indicators.

Showing a stock poised to jump
The following chart of Amazon.com (AMZN, news, msgs) is a good example. It shows how Bollinger Bands could have helped you anticipate an explosive fourth-quarter rally that sent the stock up 400% from Sept. 15 through Jan. 5.

As the chart shows, Amazon.com shares touched the bottom Bollinger Band on Aug. 28, a day that the stock fell more than 13 points to 105 57/64. The stock closed decisively below the band the next two days, falling to a new short-term low of 79 61/64. That was the first close below 100 since the stock had broken through that level on July 1. The stock staged an anemic rally for the next several days, then set an even newer short-term low of 73 on Sept. 15.

"When a rally out of a low breaks the upper band, that's a very powerful momentum indicator."
-- John Bollinger, Bollinger Capital Management
According to Bollinger, now president of Bollinger Capital Management in Manhattan Beach, Calif., there were two important factors associated with that new short-term low that suggested the stock was poised to move higher. First, the stock did not pierce the bottom trading band with the second low as it had with the first in late August. Also, the second low at 73, and the stock's immediate and subsequent rebound, completed a classic "W" or "double bottom" pattern, which is a technical formation that often signals the end of a decline. Finally, after the stock fell to 73, its on-balance volume (a volume-based momentum indicator that tracks whether money is flowing into or out of a security) began to rise decisively, suggesting that buyers were beginning to pour into the stock faster than sellers.

In fact, the stock not only began a decisive move to the upside, it actually shot right through the upper Bollinger Band as it came off its Sept. 15 low. "When a rally out of a low breaks the upper band, that's a very powerful momentum indicator," Bollinger says. Another insight: Once a squeeze occurs, he says, a price breakout becomes more likely. (Look back at the Amazon.com chart to see how the Bollinger Bands there squeezed together in mid-October, just as the stock was starting a major move up.)

Details
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Price 51.810
Change +3/10
1-yr Chart
Research Wizard

"I don't know that you can say what the cause (of the band-narrowing phenomenon) is," Bollinger says, "but I am certain after having watched this stuff for years and years and years that in the vast majority of cases, for actively traded stocks, a squeeze leads to a breakout."

Bursting through the upper band
What's going to happen to Amazon.com next? By early December, Bollinger says, Amazon.com's price chart looked like it might have been in the process of forming an "M" top, which would have suggested that its next significant move would be down. By mid-December, however, the stock had burst back through the upper Bollinger Band, and its on-balance volume was also moving higher.

That, Bollinger said, indicated that the stock still had significant upward momentum, making it a potentially attractive purchase candidate despite its incredible climb since June 1. Is it a stock that only a technician could love at these levels? Apparently not. On Dec. 16, CIBC Oppenheimer analyst Henry Blodget issued a "buy" recommendation on Amazon.com "for strong-stomached, long-term investors," and set a 12-month price target of $400 a share. (A day later, a Merrill Lynch analyst set a 12-month price target of $50 on the stock, so go figure.)

"In a really strong market, the price can walk up the upper band for weeks."
-- Bollinger
While you can create Bollinger Bands using a moving average derived from any number of trading periods, Bollinger recommends starting with a 20-day moving average, the default setting in Investor's charts. As you lengthen the number of periods involved (for longer-term trading), you also need to lengthen the number of standard deviations employed. With a 50-day moving average, for example, Bollinger recommends using 2 1/2 standard deviations. With a 10-day moving average (more appropriate for short-term trading), he recommends 1 1/2 standard deviations.

Although Bollinger Bands are fairly simple to use, Bollinger warns that many novices make the mistake of thinking that absolute buy and sell signals are triggered when a stock's price touches one of the bands.

"It's a typical misconception that if prices run up to the upper band, then that's a sell, or vice versa," Bollinger says. "In a really strong market, the price can walk up the upper band for weeks."

That's exactly what happened with blue-chip stocks from February through April of 1998, as shown in the following chart. Week after week, the Dow kept pushing against the upper Bollinger Band, and on-balance volume trekked higher right along with it. Selling then would have been a mistake.

"The real idea," says Bollinger, "is that if prices run up to the upper band, and another indicator does not confirm that strength, you have a sell signal. Likewise, if prices fall to the lower band and whatever indicator you're using doesn't confirm that weakness, then you have a buy. It's only by coupling the action of another indicator with the action of the prices within the bands that you can achieve a rational investment process."

Strategies

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Recent articles:
• The best stock of the next decade will be . . . by Mike Robbins, 12/25/98

• How to pick the right stock for the season by Mike Robbins, 12/16/98

• The power investor's guide to margin by Robert Sheard, 12/9/98

more...
As much art as science
Bollinger favors using Bollinger Bands in conjunction with volume-based indicators, such as on-balance volume or money flow, since an indicator based on price -- such as the Stochastic Oscillator -- would work off the same raw data used to create the Bollinger Bands themselves. That would make confirmation virtually inevitable, and, consequently, less meaningful. Money flow and on-balance volume are both volume-based momentum indicators. They track money flow into or out of a stock by classifying its daily trading volume according to whether the stock rises or falls.

As with any technical tool, using Bollinger Bands requires some experience to utilize wisely; it's as much art as science. For instance, Bollinger advises investors not to get too hung up on whether a stock price touches or goes through a Bollinger Band when interpreting its significance.

posted December 04, 2003 10:27            

[This message has been edited by KC (edited December 04, 2003).]

posted December 04, 2003 10:35            

quote:

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Originally posted by KC:
Mach, are you familiar with Wizetrade software? If so can it be set for the type of research you do on penny stocks? If not can you reccomend a site or software that you use so I can chart the same way some of you do so I can work on it to come up with pics for the meassge board. I'm an active duty Army sergeant getting ready for retirement. Thanx.

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posted December 04, 2003 11:52            

quote:

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Originally posted by PSU90:
I really thought the news might take this down into the .02's. The day is not over yet, but it held much better than I anticipated.

I promised myself that I would not sell PGHI shares for a loss ever again. I made profit this morning. This new batch will not be sold until at least .10! In fact I have a GTC in for 20% of the shares now at a level that would make the rest free.

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posted December 04, 2003 11:58            

YOUR QUOTE:

--------------------------------------------------------------------------------
zkid followed a similar trading pattern.. starting sub penny... then .02 to .05... pullback... then breakout to .10... then pullback to .05... consolidation then a breakout above .10 to .30. This took a few months but wow... What a great opportunity... GamezNFlix Inc. (GamezNFlix.com) is hot!!!!!!!!!!!!!!!!!! Name change and new site coming soon!
mach

posted December 04, 2003 12:17            

Uncle Milty....I think the biggest non charting factor in this one for me is that the management seems to have a real plan they are in the process of implementing (following on Netflix's plan).

They only put out PR when something has happened. No fluff's to pump things. They have hired an independent to create a new website. This should be online soon and is what I expect to hear news of soon. The old website is getting much more traffic than before. The company is in the process of changing their name to GamezNFlix. This will give them much better market identity. PGHI also retained well known Equitilink for investor relations.

Glad to have you aboard PGHI Uncle Milty!

quote:

---

Originally posted by old mullet:
this exact same thing happened to trph, whigh has been one of my stellar performers this year. the accountant resigned, the stock fell sharply, i loaded up at between .17 and .30 and from may until today the stock has gone from .24 to around 5.70 in todays pre market. they didn't have such a savy president behind them either.

you really have to believe in the company to do what i did with trph. i don't have nearly the track record with pghi as i do with trph. at this point what i have purchased would not even be noticed in the bottom line if it all went away. i also look at this as a buying opportunity for someone who has done allot of dd on this stock. i haven't, but will still likely pick up a few hundred k more this morning.

mach, mav,psu90 and others, what are your most powerfull non charting signals for pghi?

uncle milty

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posted December 04, 2003 12:28            

quote:

---

Originally posted by old mullet:
the following quote is one thing i like about your style mach. lots of people in penny stocks don't give the fruit time to ripen. seems like many want big gains in a a few days and miss the winners that are getting their act together.

YOUR QUOTE:

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posted December 04, 2003 12:34            

The vast majority of the buying public is yet unexposed to Point Group Holdings (PGHI) and the anticipated growth strategy of it’s recently acquired subsidiary Veegeez.com. This represents an extraordinary opportunity with huge upside to acquire shares of an up-and coming .com company at the current depressed price of just 3 cents.

Veegeez.com provides its subscribers video game rentals via the Internet similar to how NetFlix.com provides DVD's to its customers. It makes available the latest video games, as well as the older classics, for Xbox, PlayStation2 and Gamecube to the approximately 18 million owners of these machines on a monthly subscription basis for a flat monthly fee. The subscriber establish an account, build a queue/list of games they want, VeeGeeZ ships the game(s) by US Mail, and the customer enjoys the games as long as they like. When they finish with the game, they simply return it in the provide mailer to the company and the next games in the queue is mailed.

"When you review companies like NetFlix.com, and apply a similar model to Veegeez.com it is easy to see the potential of our new subsidiary." President John Fleming continued, "We feel there is a great upside for our shareholders with this acquisition."

Should shareholders be excited? Absolutely! Afterall Netflix pulled off a dot-com IPO and reached profitability faster than anyone predicted. Netflix shares have taken a “gigantic leap” in less than 2 years from $4 to $60.

QUALITY PEOPLE BUILD QUALITY PRODUCTS

As many successful business models have been built with the assistance of very successful business leaders; it’s important to also note that Mr. Fleming has also demonstrated superior leadership skills as Vice President Manufacturing for Ford Motor Company Europe.

CEO/President John Fleming states, "We, PGHI, are looking forward to the opportunity to bring Veegeez.com to its fullest potential. With Lance and Mark Wiseman, co-founders of Veegeez.com at the helm and the support management of PGHI's consultants assisting the subsidiary, the new Team looks forward to the coming years."

BUILDING UPON A PROVEN BUSINESS MODEL

On November 19, Point Group Holdings filed form 14A with the SEC seeking the written consent of a majority of the outstanding shares of common stock of the Company to amend the Articles of Incorporation of the Company so that the name will be changed from "Point Group Holdings, Incorporated" to "GamezNFlix, Inc."

Recently PGHI signed a contract with Venture Direct Worldwide of New York to handle its online marketing campaign. The experienced staff of Venture Direct Worldwide and VeeGeeZ management has developed a marketing plan to assist the company in moving to the next level.

VentureDirect's Online Services Group offers a comprehensive range of media, including online lead generation, co-registration, contextual advertising and other web based ad formats, opt-in email, search marketing, and other customized online opportunities, backed by 10 years of online marketing experience, and more than 20 years of direct marketing industry leadership.

A new wibsite design contract has also been awarded to the renowned Roy Vella, Web & Print Design Service. Lance Wiseman, CTO states, "The signing of this contract begins the next phase of VeeGeeZ.com's business plan to provide enhanced services to its customers. In addition, the new design will not only meet our current video game rental customer base it will setup our expansion into the DVD rental world"

posted December 04, 2003 14:03            

.032x.037!! right now

posted December 04, 2003 14:04            

quote:

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Originally posted by trader01:
VERY VOLATILE TODAY!!!!!!! Its bouncing all over the .029 - .038 range! Nevertheless I am holding until i get into a free shares position... hopefully soon!

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posted December 04, 2003 14:42            

if i lived in the usa i'd be using their dvd service. maybe they will allow dsl downloads in the future too, but that could be a legal can of worms.

as far as games go everything i've played is boring compared to this "king of pennydom" game. and besides it doesn't reset each time you put in a quarter. well, maybe some of you wish it would.

posted December 04, 2003 14:50            

mach

quote:

---

Originally posted by old mullet:
thanks for the dd mach. i'm still buying this today, but an aon anywhere close to the bid is taking awhile to fill.

if i lived in the usa i'd be using their dvd service. maybe they will allow dsl downloads in the future too, but that could be a legal can of worms.

as far as games go everything i've played is boring compared to this "king of pennydom" game. and besides it doesn't reset each time you put in a quarter. well, maybe some of you wish it would.

uncle milty

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posted December 04, 2003 15:03            

quote:

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Originally posted by machtabow2:
Milty... Notice you are doing well in UVCL today. Also... FNIX near entry level once again. Hope you were able to bring your average down there. By my calculations... we should have another 8-9 million shares trade hands here before another move up. That will likely be sideways trading for another day.

mach

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posted December 04, 2003 15:21            

When stocks consolidate... they usually get 2.5 days down... I'm guessing close at .033 and trading above .03 tommorrow morning and then it begins to trend up again. These days when we were trading in the .03's will be a dream a few months from now. mach

quote:

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Originally posted by PSU90:
Mach....I was going to ask you about FNIX. I've been watching that myself. Should be an interesting close for PGHI. Hope it holds .03 after all this volatility today!

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posted December 04, 2003 15:23            

quote:

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Originally posted by machtabow2:
FNIX: You never know... I believe the first ever 2003 Video Game Awards is on tonight on some TV station. Wonder if any of FNIX'S games will receive an award... (the one's that use their technology). That would make for pretty big news.

When stocks consolidate... they usually get 2.5 days down... I'm guessing close at .033 and trading above .03 tommorrow morning and then it begins to trend up again. These days when we were trading in the .03's will be a dream a few months from now. mach

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posted December 04, 2003 15:26            

quote:

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Originally posted by Mav:
Still consolidation ...

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posted December 04, 2003 15:37            

quote:

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Originally posted by machtabow2:
Hey Mav... yes... but I'm counting shares... Roughly 7 million more to go. mach

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posted December 04, 2003 15:47            

quote:

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Originally posted by machtabow2:
Your strongest MM BAMM & NITE AT .031... NITE must moved to .0311. Accumulating. mach

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posted December 04, 2003 15:48            

quote:

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Originally posted by Mav:
Is the next MM>HILL ask @ 0.036 ?.

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posted December 04, 2003 16:04            

quote:

---

Originally posted by Mav:

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posted December 04, 2003 16:15            

quote:

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Originally posted by machtabow2:
It's crazy when you can see MM play with a stock with a huge spread to keep the price down. If you rally wanted to buy it at the close in the last 10 minutes... the ask was .035. ie... they were attempting to keep it down. Also... they tried to shake it in the last few minutes... when NITE dropped his bid from .031 to .030... a few hands fell into the trap... but not many and it went back up to .031. That was pretty big support established today. Glad I picked some up at .031.... mach

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posted December 04, 2003 16:41            

quote:

---

Originally posted by old mullet:
i'm having some computer problems. ever since this wireless high speed thing started, with techs who probably just got on line last month, i get these serious error messages and shutdowns. i lost the last 20-30 min's of the market today, just after i pushed the buy button for more pghi. it filled. i'm off for awhile and will try to solve this maddening problem.

uncle milty

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posted December 04, 2003 16:57            

Here is the RB posting: (post 13793 on PGHI Board)

Anyone else talk to John Fleming lately? Here's his latest response to my email:

"I tend to not release such numbers (subscribers/inventory amounts) to the open world. I would not prefer to provide too much information to the companies like NetFlix or GameFly about the plans of the company.

The marketing campaign began approximately two weeks ago and the results are being felt already. We have a two year marketing plan developed by management and our marketing company Venture Direct Worldwide.

It is a very sound plan and involves the marketing of video games and dvd markets.

Thanks,

John Fleming
CEO/President
Point Group Holdings, Incorporated
3744 Poe Street
San Diego, CA 92107
Tel: 619.269.8692
Fax: 619.374.2842 www.pghi.biz

posted December 04, 2003 17:27            

quote:

---

Originally posted by PSU90:
Pulled this off of Raging Bull. Its not my personal information. Milty....the Venture Direct marketing firm was another non-tech item that I base my buying on. They work with a lot of top line companies.

Here is the RB posting: (post 13793 on PGHI Board)

Anyone else talk to John Fleming lately? Here's his latest response to my email:

"I tend to not release such numbers (subscribers/inventory amounts) to the open world. I would not prefer to provide too much information to the companies like NetFlix or GameFly about the plans of the company.

The marketing campaign began approximately two weeks ago and the results are being felt already. We have a two year marketing plan developed by management and our marketing company Venture Direct Worldwide.

It is a very sound plan and involves the marketing of video games and dvd markets.

Thanks,

John Fleming
CEO/President
Point Group Holdings, Incorporated
3744 Poe Street
San Diego, CA 92107
Tel: 619.269.8692
Fax: 619.374.2842 www.pghi.biz

[This message has been edited by PSU90 (edited December 04, 2003).]

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posted December 04, 2003 17:29            

quote:

---

Originally posted by PSU90:
Wow....if everyone on PGHI wants to learn something about MM's along with some confidence building on this stock.....go to RB (I know its a pain) and read every post by JWhite2913 today on the PGHI message board. I'm simply amazed at his knowledge of MM's. Some make more sense if read in connection with questions people were asking him...but I think the main points are easy to pick up. If you havn't done it before, just click on his name and it will take you to a page where you can click on every post he's made for PGHI.

I can guarantee I'm going to go back later tonight and read them all again to absorb what he put out there today.

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posted December 04, 2003 17:39            

PSU

quote:

---

Originally posted by Mav:
Could you add a link to it ?. Thanks/

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posted December 04, 2003 17:44            

"Prognostications...?

PGHI will hit $0.12 before January 15, 2004-

Good luck ... and yes, you can laugh at me if I am wrong!"

quote:

---

Originally posted by PSU90:
Mav...I hate to direct link RB out of respect for the Allstocks site. Drop me an email at psupens661@yahoo.com and I'll give you a direct link.

PSU

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posted December 04, 2003 17:49            

Probably putting foot in mouth here-

And if I do - everyone can have a good laugh at my expense.

My take on what is happening today is - the MMs have stocked up on shares, and for whatever reason ... do not want to turn them loose; by that the 3/10 cent spread between Bid and Ask.

Why would the MMs want to hold shares...?

My bet is - the MMs know December 9 is next Tuesday ... if PGHI files the Form 8-K as earlier referenced here today by "abadgoodgirl," that will trigger a huge move because it will further lend credibility to PGHI as a responsible reporting entity - that bodes well and fits with the SEC filing today concerning change in Accountants.

The CEO has openly stated several times no Fluff PRs-

Believe me - the Form S-8 if filed on time is not a "Fluff PR," but Real Meat - the kind of Meat PGHI needs to grow PPS.

My 2 cents worth for today-

posted December 04, 2003 17:52            

quote:

---

Originally posted by PSU90:
Mav...I hate to direct link RB out of respect for the Allstocks site. Drop me an email at psupens661@yahoo.com and I'll give you a direct link.

PSU

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posted December 04, 2003 19:12            

i financed over 200k worth of new penny play with the partial profit from three out of favor companies i invested in this year. a few others like fnix, hopefully neom and pghi are in the running for the next stocks to break a buck. if they have beta to make the ride profitable and entertaining so much the better,

anyone who laughs except out of joy playing penny stocks, should be looking in the mirror while they do it.

posted December 04, 2003 19:54            

quote:

---

Originally posted by denjohn1000:
To be 100% honest with everybody, I think it will still go down a little more. Compare these past couple of days with the chart from October 20 through 27. Very close pattern, even the RSI is almost the same. If this sees .02's tomorrow then I will be in too.

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