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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: FatMatty who wrote (1719)	6/24/1998 7:56:00 PM
From: Gwolf	Read Replies (1) of 5402

By the way INFE is a good example of this 66 2/3% retracement. The stock ran from 1/4 to 5 5/8, that's a run of 5 3/8. 66 2/3% of 5 3/8 is 3.57. 5 3/8 minus 3.57 is 2.05 which is with in pennies of where the stock declined to and then held. It is forming a U-shaped bottom in this area and is starting to rise slowly. As the buyers fell more secure the price will start to pick up steam. Gwolf

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