Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Gary105 who wrote (214)	4/19/1997 1:02:00 PM
From: ivan solotaroff	of 763

Gary: In re your 10dMA: Nowhere in RMDY's recent history has there been a 50% drop over a 10d period (like the one ended yesterday). In light of that, wouldn't all stochastic/MACD indicators take a backseat to the harsh reality of marketplace panic? Nonetheless: just on my gut, I feel this stock is due for another upswing. (It seems to never fail.) Just not in the next day or so. I'll be watching volume for a while: A huge trading day with no more or little progress on the downside would be, to my mind, a far more positive sign at this point than a bullish swing/divergence in the moving averages. It would show that the sellers have, for the moment at least, stopped selling. Good luck, Ivan

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