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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Vestor who wrote (735)4/22/1997 7:56:00 PM
From: jay a   of 1762
 
using one indicator as a signalling device can prove costly. the technicals ( more than one) of idph as well as the btk (bio-tech index), suggest we are close to a bottom. also, the open interest in the options tells a great deal ( the belief that the option traders are " in the know" has been proven time & again). believe me, i learned the hard way! also, the open interest is calculated daily, therefore, very sensitive. also, the "premium" for the options has been shaded to the upside. that also has proven quite reliable as an indicator. again, i learned that one the same way.
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