To OTC Journal Members:
 

Market Comment- Market Could Break Either Way- Wait For Opportunities

As mentioned in our mid week edition we see no exciting trading ideas at this time. The NASDAQ is looking a bit tired, and a pullback into the 1220 range would be the catalyst for some ideas on the long side.

Since nothing ever goes straight up, particularly with today's high levels of uncertainty about the future, an upside surge on NASDAQ into the 1340 to 1350 range, which would precipitate a few short or put ideas from the OTC Journal for a trade only.

As mentioned in our last edition, we believe there may have been a paradigm shift whereby profitable trading and investing will come predominantly from buying pullbacks. Selling rallies has been the best strategy for the past 2 1/2 years, but things may have changed. Therefore, we would prefer a pullback into the 1220 range.

We still love CALY, XMLG, and SWEB in the penny stock arena for longer term holds. All have been the subject of numerous editions.
 

Upcoming Events

We are reviewing several exciting new ideas in the microcap arena. Companies that have survived this economic turndown and are financially healthy can rebound easily in a more favorable market climate.

There are dozens of stocks trading in the $.15 to $.50 area that used to be $5.00. Many of these stocks will double and triple over the course of a few months as the selling pressure is relieved and a few buyers resurface.

There is a high probability we will bring you a new idea next Friday, November 1st. Stand by for next weekend's edition.

Several of the low priced opportunities we are currently reviewing are companies that will benefit greatly from increased military and homeland security. It's a different world than it was a year ago. Daily reports of international terrorism, possible domestic terrorist plots, and pending war all point to a surge of defense and security spending. Each of the companies we are looking at already have real business models, strong current sales, extremely oversold stocks, and strong growth opportunities from increased military and homeland security spending.
 

Attention Football Lovers: Check Out www.Gridpicks.com

The OTC Journal is all about speculation. Like millions of Americans, we like to speculate on football as well as the stock market.

Attention Football Lovers: Friends of ours own and maintain the web site Gridpicks.com and associated newsletters. Every year at this time we remind our members who love football about this site.

Gridpicks.com publishes free, emailed newsletters individually covering both the pros and college during the season. If you love this as much as we do, visit their site and sign up. They also offer a premium service for a nominal weekly fee. Details at the site.
 

Get Paid Cash For Participating in Product Surveys

From time to time we are presented with opportunities that have valuable upside and no downside for our members. We refer to this as our MVP Program.

MVP opportunity today: GlobalMarketInsite, based in Issaquah, Washington, wants you to participate in product surveys, and is willing to pay you cash for your time and input. You could be asked to give feedback on anything from household cleaning products, to cell phone service, to a car purchase.

GlobalMarketInsite is an online survey company. Their client list includes such household names as Proctor & Gamble, Seagrams, Bristol Myers, and many other well known consumer goods manufacturers.

They are building an International database or "Panel" of participants who are asked to participate in product surveys. They are retained by these large consumer companies to perform product research.

If you become a participant or "Panel Member", you will be paid cash for participating in surveys. Your participation can range from simply filling out a questionnaire on the internet to actually using a product and providing feedback. The more time required, the more you get paid.

There are no gimmicks, no cost to you, and no strings attached. Simply fill out the online form and wait for them to contact you. If are contacted to participate in a survey, you get paid.

Every time you participate in a survey or refer a friend you receive anywhere from 20 to 100 points or higher. Each point is worth $.10. You have your own password protected online account where you can track your point totals. Once you have accumulated a minimum of 1000 points, you can instruct GMI to mail you a check for $100 or more.

Members from all corners of the globe can participate. GMI's currently has panelists are in 180 countries.

In order to register and participate in GMI's surveys, simply go to the following web page and register. All personal information is restricted for use by GMI only.

Watch What You Read Carefully

For the past six months someone has been publishing a blatant imitation of the OTC Journal. Called the OTC Newsletter, and using the same color scheme and slogan as we use, someone has been spamming this rag all over the internet.

Many our of loyal members have been courteous enough to bring this cheap piece of garbage to our attention. Thank you very much. Your concern is appreciated.

There is very little we can do to stop this. The spammers sending out this rag are using multiple ISPs all over the world, so it is impossible to identify the perpetrator and take legal action.

Their spam always features the same write up on a stock which trades under the symbol CBYI. We would strongly recommend avoiding this stock or selling if you have inadvertently invested, assuming it was an idea which originated with the real OTC Journal. Any company that would sponsor or condone this type of crude promotion must be suspect.

SwingWire.com also has a lucrative incentive model for experienced investors and traders who consistently outperform the market. Share market ideas with other like-minded investors, establish a proven track record, provide insightful commentary, attract followers and ultimately become one of the Internet's highest paid and most sought after CyberAnalysts! 

Click here to receive your FREE 30-Day Trial Membership with no further obligation. Sign Up Today! 
 

Click Here to view our compensation on every company we have ever covered, or visit the following web address:  http://www.otcjournal.com/disclaimer.html for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html for Trading Alerts.

MarketByte LLC has been paid a fee of 250,000 free trading shares of Calypte common stock by First Stage Capital for coverage of Calypte Biomed. On August 12, 2002, MarketByte LLC entered into an agreement directly with Calypte Biomed to continue coverage of the company through October 31, 2002. Calypte Biomed has pledged $25,000 cash as compensation, and an additional 300,000 shares of free trading stock were paid by a third party on behalf of the company. MarketByte LLC has been paid the following fee by XML Global for a year of representation extending from February 2, 2001 to February 2, 2002: $100,000 cash, 60,000 shares of free trading stock, 60,000 shares of restricted stock which are now free trading, and 60,000 options exercisable at $2. The 60,000 shares of free trading stock have been contributed by a third party on behalf of the company. MarketByte's contract to represent the company expired February 2, 2002. The contract was renewed for another year, and XML Global has paid compensation of $20,000 in cash and one million shares of newly issued restricted common stock. Please review our policy on selling shares found in our Mission Statement on our home page.

All statements and expressions are the sole  opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities  mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein.

The editor, members of the editor's family, and/or entities with which they are affiliated, are forbidden by company policy to own, buy, sell or otherwise trade stock for their own benefit in the companies who appear in the publication unless specifically disclosed in the newsletter.

The profiles, critiques, and other editorial content of the OTCjournal.com may contain forward-looking statements relating to the expected capabilities of the companies mentioned herein.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN  SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN  CONSENT OF THE EDITORS OF OTCjournal.com.

We encourage our readers to invest carefully and read the investor information available at the web sites of  the Securities and Exchange Commission ("SEC") at http://www.sec.govand/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at  http://www.sec.gov/consumer/cyberfr.htm. Disclaimer ID:xG1jf4ll Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.