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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: John McCarthy who wrote (12608)2/22/1998 8:29:00 PM
From: Doug R  Read Replies (1) of 79270
 
Thanks John,

Don't at all worry about "intrusion" with useful, constructive fundamental info here. What I can see from the technicals is that BIOX is poised for about a 4 or 5 point move here. It's not verified but if it does occur, there will be a selloff. A lot of expectation is already priced in. If it doesn't occur, there will be a selloff. Either way, it's due for some profit taking and if the price starts up on volume, BIOX will make a very good short-term trade. I'll keep an eye on it for its timing as a short-term short as well.

Thanks again and good investing to you,
Doug R
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