Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Richard Mazzarella who wrote (423)	9/8/1996 8:04:00 AM
From: TATRADER	of 4342

Richard, I agree with your assessment that small biotechs are merely trading tools...I have used four indicators to give me buy and sell recommendations quite successfuly with biotechs, and you have heard about some of them before...I use a momentum indicator, MACD, OnBalance Volume, and 10, 20, and 50 day moving averages....I have been watching PRLN and its getting closer to where I might take out a position, but not yet.....One stock I've already told you about is VMRX...It rates positively on all 4 of my indicators presently....I have a mental sell stop on this one at 3.90...If you would like to get my take technically on PRLN, I'd be happy to share....A rookie on PRLN but willing to learn from the masters....Regards, Mark

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