RE: Bounce I remember not too long ago that bounces in micro caps and mid caps used to be 50-60%. I wonder if those days will return...
Technically... With Companies like MTO we look for:
1. Steady stream of good news.
2. Steady rate of volume and price stability.
3. Breakouts with that volume and news.
4. Higher highs and higher lows as time progresses.
Although we may hit some bumps (ditches) into the fall... very few years have passed without a December rally afterwards.
If you haven't already... read the gloom, boom and doom report by Marc Faber. Poke around www.fool.com it's a half decent site and sometimes a good read.
GWH