Sepracor-Looks very promising Message Board

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Biotech / Medical : Sepracor-Looks very promising

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To: David Howe who wrote (2995)	5/25/1999 10:03:00 PM
From: Bob Swift	Read Replies (3) of 10280

David and David, My question regarding exit has little to do with long term holding. I am more concerned about the TA aspect of the stock movement. I ( and quite a few longs here) have been fooled to believe we have reached the bottom one time too many in this past few months(weeks). The real question is , is 55 the real bottom or is it because it had dropped too fast intraday and hence the rebound (like the one we have yesterday from 65) only to see 55 today. Who is to say, it cannot go to 50 ? What can keep this stock afloat in this kind of market ? As such, I look at adding position at this point as being short term tradings instead of long term investing. I guess I have been wrong about the bottom one time too many . I also do not like this market. A broker friend told me he expect DOW to go to 9000 or so, soon. Personnally, I think the drop of SEPR has zip to do with the anti-IgA news at this point. I have a separate question in the next post.

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