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Biotech / Medical : Biotech & Pharma.T.A,
BIB 80.830.0%Jan 16 4:00 PM EST

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To: Galirayo who wrote (1049)6/15/2005 11:35:56 PM
From: John Metcalf  Read Replies (2) of 3722
 
"Worry about the 50."

The 50 EMA is at $6.50. Not much point in buying at $6.27 for such an early exit. Bernard would say to buy it when it clears the 50 EMA. I tend more to bottom-fishing companies I have followed for years. I guess Bernard buys it above $6.50, and I buy it later if it fails.

What is your preference? Perhaps, your horizon is much shorter than mine.
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