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Biotech / Medical : Vivus, Why the Slide?

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To: Tunica Albuginea who wrote (3940)9/25/1997 12:53:00 PM
From: DDS-OMS   of 3991
 
Tuna,

Enough--cant spend all day responding to you!! This market has clearly been in an uptrend and these few hundred points down have not broken the uptrend, yet--the question is whether or not it has peaked and is reversing trend, or that even a tradeable correction has started. THAT is not clear yet--but is omminous enough at least not to be 100% margined. Which way?--dont know yet. I'm still long, have no shorts, but no margin and am about 40% cash. DOW would have to take out old highs before I'd go 100% long again.

Regards,
Gary
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