Genzyme Tissue Repair (GZTR) Message Board

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Biotech / Medical : Genzyme Tissue Repair (GZTR)

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To: KLH who wrote (2441)	1/11/1999 7:21:00 PM
From: KLH	Read Replies (1) of 2553

I don't mean to keep bring up GZTC, but since they are related, what the heck. Whereas GZTC has pulled itself together and has an ascending 50 DMA, poor GENZL continues to have a descending 50 DMA. Unless charts and technicals have no meaningful relation to GENZL and its lousy performance, we shouldn't be concerned with what the next few days could bring in this regard. On the other hand, if we don't break up and thru the current trend line, it would appear that based on the last failure in the 3s, the 2 3/4 +/- that we have seen since New Years will be an unsustained high. Is this premise supported by the continued selling into strength? Was this another sucker play? karl

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