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Biotech / Medical : NTEG- Bloodless Glucose Monitor

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To: DryHeat who wrote ()10/3/1997 9:09:00 PM
From: Steve Hudson   of 176
 
My $.02:

The bid-ask spread and the price action suggested at mid-day that the seller (or sellers) were out at 4 1/2. I therefore used this to establish a second leg to my position at 4 5/8. The price action at the close supports this interpretation.

Is a base put in? Absolutely not. Is the seller gone ? Yes. Enjoy the next 48 hours. More sellers might appear, and then again, they may not.

Regards,

Steve
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