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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (129)2/11/1997 2:03:00 PM
From: James Silverman   of 1115
 
Luis,
So you trade using an algorithm formula to determine your stock picks?
The technical strength that you trade on often has little to nothing to do with the underlying company. LDAK IMO was simply a stock that got killed on profit loss taking and was due a technical snap back, not much more. There are many other biotechs that fit this profile exactly and have started the year strong.

So when the volume dries up and the stock weakens and your powerful algorithm says SELL and move it to stock X, you're out of here.

Your opinion is worth far less than mine as a "silly bear moron."
Your merely a technical trader that has little interest in what the company is all about and sticking it out for the long haul.

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