IMNR - Immune Response Message Board

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Biotech / Medical : IMNR - Immune Response

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To: ahhaha who wrote (1088)	10/6/1998 11:06:00 PM
From: Jibacoa	Read Replies (2) of 1510

The stock is now on an uptrend in spite of the nasty NASDAQ performance.There is some overhead resistance in th 14.5 to 15 level, (which is the high of May 96, Sep97 and May 98)but today's move on volume of 559,000 brought the price above the 10 day average line (at 11 1/2) and the 25 day avg. is below (at 10 3/8)as well as the 60 day avg( at 10 1/4) As far as buying a stock, the best time to buy is on the way up. It is not good to try to figure out a bottom. Do not make a second purchase unless the first one shows you a profit. And remember Warren Buffett's rules: The first one is not to loose any money. The second and last one is not to forget the first rule. As well as Jesse Livermoore's: It doesn't pay a man to be wrong!. In order to be right you have to stop being wrong! Instead of hope you have to have fear and instead of fear you have to have hope. Always fear your losses can become larger and hope your winnings will be better. Keep your winning stocks and sell what shows you a loss. Not taking a loss, and staying wrong is what makes the damage to the soul and the pocketbook.

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