Duramed (DRMD) Synthetic Estrogen Product Message Board

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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: Doug Bean who wrote (695)	3/22/1998 6:44:00 PM
From: Street Walker	Read Replies (2) of 1837

SHORTERS will be out in droves on Monday Doug, I too believe this will retrace to lower levels. Shorters are looking to cover in the upper 5's. I personally bought in Friday at 5 1/2 and then sold at the end of the day. Its at a ceiling here. I'm looking to short if it ever gets an uptick. If I'm able to short, I look to cover in the upper 5's. I like making money by trading, rather than buying and holding. Both points are valid. In the long run DRMD will do well. For traders, this is going to retrace,and that's where money can be made in the next few days. Study the charts, it always retraces. Thus, shorters will be out in droves to make some profits off the retracement. S.W.

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