NTII: Neurobiological Technologies Message Board

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Biotech / Medical : NTII: Neurobiological Technologies

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Dec 26 9:30 AM EST

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To: Sam Quentin who wrote (23)	9/21/1997 12:08:00 AM
From: Cacaito	of 36

Sam, After the heavy accumulation of the last 3 weeks there was a short period of distribution (profit taking) now in the last few days accumulation has resumed weakly, (as per BOP), CMS is in a persistent uptrend confirming price, the same for OBV and TSV for 9,18 and 36 days(short to long term). Stochastics is now in oversold and support is at about $2.70, also recently the 50 day price moving average move above the 200 day price moving average which is healthy. Now the next few weeks will confirm if the big volume day of late brought firm hands to hold the stock for more than the short term period, I do think this is the case, the turnover of ownership was big, lots of the lossing bets are out now, and fresh owners do not suffered the last year hardship. Of course nothing will move further without new results or deals.

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