IDPH--Positive preliminary results for pivotal trial of ID Message Board

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

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To: jay a who wrote (767)	4/28/1997 7:34:00 PM
From: Vestor	of 1762

Perhaps my question could have been phrased better. I want to believe the P & F chart indicates this is a good time to buy, yet to call a formation on that chart "oversold" brings to mind an image of price going down but volume drying up. I'm not challenging the usefulness of P&F vs any other and am no authority of any sort on TA. But I do know that P & F only shows price action. Simplicity is a positive attribute, if it works. Will be watching to see if this P & F formation was a potent indicator to buy, even though volume is not considered... and I hope it is, because I've bought some, just above today's current closing prices...

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