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Biotech / Medical : URMD -- Huge market potential

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To: Ms. Baby Boomer who wrote (234)	3/26/1998 3:16:00 PM
From: Bosco	Read Replies (1) of 369

Just in case I got confused with someone who knows anything, I should make the disclaimer: I am pretty much clueless most of the time <SG>. It seems that stochastics is a short term indicator at best, but use it in a intraday setting is shorter term still. Unless one is a trader (I am not a trader myself,) this indicator, especially without any other supporting technical indicators, is far less informative than the idea of double bottom, higher-lo and higher-hi, and capitulations etc. Since we broke 2 on the downside, that means we do not have firm commitment from someone to support the stock at that level. So 1 31/32 is just another number. Of course, anything can happen in this crazy market. Maybe a real reversal can happen between now and the close. Let say if it closes above the open, then maybe the intraday new lo is an anomaly [and people keep saying I worry too much <g>] rgds Bosco

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