SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Vivus, Why the Slide?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tunica Albuginea who wrote (3006)8/16/1997 10:48:00 PM
From: DDS-OMS   of 3991
 
Tuna,

Looks like I should answer your questions one at a time to keep these responses short so I wont be accused of being long-winded--however, you vie for those honors also.<gg>

Question A. (What did your charts tell you to do when VVUS was 16.5?) At the 5/13 low, yes the Windows on Wallstreet indicators I favored then (Chande's Stochastic of the stock's RSI) showed VVUS to be extremely oversold, but was the same on 5/1 when VVUS went up the next day and then down the next 7 trading days, so not really a buy signal any more than VVUS being very ovesold now is a buy signal. It broke out of the downtrend it had been in since 40 on 5/17 at $17, and I should have bought then and didn't. Deja vu--seems like I answered a similar question for you long ago, because I recall telling you that it was a trading fault of mine not being to be able to change from a short mentality to a long one--not emotionless enough. Recall, the thread was universally negative then and only shorts posted (except for your crying in the wilderness).Of course, now everyone will claim they were bullish then along with you.

I had so little experience with GET then that I don't recall using it. As I've said, GET lets you delete data back to any point, then reconstruct to see what GET was saying then. It was accurate, but since you relegate it to worthless stature, I wont bore you with it. Serves no purpose anyway--I could say anything and you wouldn't know if I was truthfull or not. Well, slipped in an answer to your question B anyway, and this is geting too long.

Regards,
Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext