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: I. Luttichuys who wrote (1042)	6/24/1997 7:32:00 PM
From: Vestor	of 1762

Thanks Bennett. It seems you are more aligned with the fundamental approach. For the short term, the technical approach might be more pertinent as a guide in buying back in. But I'm no adept at technical analysis - still getting acquainted with Metastock and the indicators give many false signals. The 14 day +DI today crossed below the 14 day -DI. Moving average crossovers, depending on what values are used, are crossing downward today. The 14 day ease-of-movement indicator just barely crossed back into the negative zone, for the first time since turning positive in early May. Support trendlines were broken today also. Lots of bad technical news. So, it must mean tomorrow it is going up? :-) v.

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