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Biotech / Medical : ABTI Alpha-Beta Technology

ABTI 0.200

+99,900.0%

Jun 17 12:34 PM EST

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To: biowa who wrote (79)	5/13/1997 5:32:00 PM
From: Wayners	of 572

Biowa, I like fundamentals too, but only when evaluating long term prospects. I just like to use all the tools that are available to me. I didn't believe in TA until I finally broke down and tried it. Its not perfect for short term trades, but its like putting on prescription glasses that are reasonably close to the prescription you need. It sure beats being completely blind. I have my order in to buy those calls back for $1.25. I'm flexible, but that's my current price. Believe it or not I think we are actually in the uptrend into June--I'm just trying to profit from the zigs and zags as the overall uptrend continues. ABTI is an extremely volatile stock. Look at a price chart of it and you will see that it fluctuates 10% to 20% up and down even when the overall trend is up. I really don't expect ABTI to go below $8, which will keep the uptrend alive. If you aren't into TA, you might need to know that an uptrend is underway if a line you draw connecting each of the bottoms is increasing in an upward direction. I have no idea what Betafactin's chances are. I probably will be out of ABTI shortly before then. Wayne

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