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Biotech / Medical : Vivus, Why the Slide?

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To: Rubble who wrote (3892)9/24/1997 8:07:00 PM
From: K MAC   of 3991
 
Rubble

After 2 failed attempts to clear resistance at 38 3/4 I sold my position at 38 1/4. I agree with your chart concerns- it looks like a pull back to the mid 30's, but I still think it makes a run at 40 before earnings. I will look to re-enter soon. The S&P futures and nasdaq were really weak today-after tomarrows economic numbers I will be more comfortable holding again.

K MAC

P.S. Short-term opinions only.
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