Nuvo Research Inc Message Board

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Gold/Mining/Energy : Nuvo Research Inc

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To: Joe Krupa who wrote (6046)	12/4/2000 5:44:18 PM
From: bdalarge	of 14101

Hi Guys, I may be showing my ignorance here but I sometimes feel that many of you put too much stock (no pun intended) in the charts. I don't think the open/close price is any indicator as to what this stock is going to do. We are waiting for more announcements and approvals and that is why we see the action we have been seeing. There is going to be selloffs by those who are happy to make a buck or two a share. The charts can't predict FDA approval and if that comes tomorrow then I doubt the close or open price of days past will be of any significance. Not suggesting we should entirely ignore the charts or that anyone is unwise to have faith in them...simply my belief is that right now they are not a reliable indicator of where the stock is headed. That being said I couldn't be happier discussing this issue under the current set of circumstances.

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