Biotime-Nasdaq's best kept secret? Message Board

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Biotech / Medical : Biotime-Nasdaq's best kept secret?

BTIM 0.0001000

0.0%

Nov 7 9:30 AM EST

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To: mesaone who wrote (1178)	11/10/1998 1:23:00 PM
From: Jim Roof	Read Replies (1) of 1432

The last 4 trading days have been looking suspiciously bullish to me. While not able to hold much above 12 and small change BTIM has not experienced much selling pressure at all since Asensio's last attempt to drive it down. The chart may be forming a flag in the 11 1/2 - 12 1/2 range after the big move from 8+ to 12+. If this is the case (and a fairly high number of this type of consolidation will fail) then we have about a 2/3 chance of seeing something near 17+ in a few weeks. In the past I have shorted stocks that looked just like this chart and my batting average on those was pretty lousy. Jim

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