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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: HeyRainier who wrote (1029)6/3/1998 8:50:00 PM
From: Sylvester   of 4140
 
Rainer,
This is very interesting so I need some clarification. The lack of momentum takes into consideration a NASDAQ listing. The move to $10 was stimulated by the S&P article, which was something you couldn't have anticipated, yet I admit you knew the right time to sell.

What scenario does TA take into condiseration. Mutual Funds can make a huge difference in average daily volume, and the stock can easily move above the 50 day and 200 day averages. Is this volume already anticipated.

Also, I'm learning a lot about market minipulation from a money manager at Dean Witter. Institutions want to buy as low as possible. Could they be controlling the momentum even now?

If this were a fourteen dollar stock, brokerages would be buying it up as we speak and this isn't happening that I know of.

I'm not bearish but I'm not as excited as I once was.

Regards,

Sylvester
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