Today I started with the basics of anlysis i.e. the two main types of analysis: The fundemental and the technical. I also stated which type of analysis is suited to the general public and the strong hands. I also stated their pros and cons. The alluring nature of penny stocks ia explained and why most people eventhough afraid of it still find it hard to resist. Also noted the liquidity of stocks and how it is difficult to manipulate highly liquid stocks. Then I went in to the different types of charts how they can be best used to our advantage.