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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID
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To: I. Luttichuys who wrote (493)3/20/1997 1:39:00 AM
From: John R. Sashko   of 1762
 
BENNETT,

I looked at the intraday chart on IDPH and it doesn't go below 25 on Lombard. Difference % bid and ask. Confirms what you are saying. Enough to make you paranoid that the low for the day was just to push you out.
That Kramer dude was babbling this morning that individual investors should not be in the market at this time(CNBC). May be he was correct.

I try to protect my initial investment with stop loss orders. I was more than generous with this one(29 5/8 to 24 7/8). Whats 5K, just don't tell the wife.
This market is something. I may do some selling tomorrow and wait for the bargains(and the market to turn around).

John

P.S. That was the shortest time I have ever owned a stock that lost money.
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