Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.800

-9.0%

Nov 17 3:59 PM EST

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To: Peter Caradonna who wrote (717)	5/9/1996 10:47:00 AM
From: bill small	of 14328

Peter, very interesting technical analysis; do you tell fortunes too? What do you mean by "one point spread"? To me, spread is difference between bid and ask. I have difficult time understanding how technical analysis can fortell HOW MUCH a stock will rise, but do believe it can reasonably predict support and resistance levels. So I'll have to take your price target of $10 on faith completely; caveats noted. What do you see as support and resistance levels? Do you still use all those gizmos eg Signal? What do they do for you? Wouldn't a stock like TRIBY be hard to predict when it will be so news (good I hope/expect) driven over next few months? best.............Bill

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