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Biotech / Medical : CLZR:a potential 10 bagger?

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To: Verkaylac who wrote (16)1/14/1997 7:16:00 PM
From: Bob Davis   of 315
 
Terence,

I think that I have answered your first question in my last post. My e-mail address is rmdavis1@ix.netcom.com - it is alive and well and working. But I've just added you to my e-mail list, so you'll be getting The Napeague Letter shortly.

In reviewing your comments regarding bollinger bands and "head and shoulder" patterns, I think that it is important to remember that technical analysis provides us with a reflection of marketplace sentiment, and a murky one at that. Use charts to get a sense of what is actually happening out there in the market - don't try to "force" the market to conform to the charts. The market is an 800 pound gorilla, and it doesn't know anything about Bollinger Bands.

I do agree that CLZR may "run up to test 52 week high", since this is around $10.00, which seems to me to be a price level with which I'm comfortable.

Bob Davis
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