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Biotech / Medical : RXSD Rexall Sundown

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To: BARRY ALLEN who wrote (132)10/23/1998 8:58:00 AM
From: Bill Hyres  Read Replies (1) of 327
 
Barry,

Well put Barry and completely understandable. You have suffered some pain at these levels and the bear chopped you up pretty good. Sorry. I agree that we are still in a corrective looking position. Has the bottom formed? The market will tell us soon. As a long term investor I have to look forward 2-3 years and gazing into my crystal ball we should return to your original numbers based on current growth. Technically for the short term we could retest the lows again unless we can break the 20 level and begina new run. At this point from my perspective a short position is questionable unless the entire market turns south again which could happen. Gazing into crystal balls is a curse to me so I prefer sticking long and strong and patient. Best of luck to you.

Bill
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