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Biotech / Medical : Vivus, Why the Slide?
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To: Frostman who wrote (3179)8/27/1997 1:04:00 PM
From: Brian Pastor   of 3991
 
Frostman, While I wish all of the VVUS longs well, remember Gary Baggs TA, which so far has proves fairly accurate - if my memory serves me well without rechecking previous threads which is not worth it when you can do the same, he said we will see it go back up to the 27.5 to 28.5 level at which point it will either retrench to 22.5 or, if it beraks 29.5 - 30.5, break upward. In other words, watch it closely to see if it tops out at 28.5, in which case buy some Oct. 27.5 puts to protect yourself on the downside. Luck to you, I'm still waiting for the right time to jump in based on the above. Gary if you read this, you were right on the money with HIT - it hit 97 and a teenie today - what do you think will happen next. Also, what do you think of APLX and PFE?
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