Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (4392)	6/3/1999 11:30:00 PM
From: Jibacoa	Read Replies (1) of 13094

JIM: Part of the setback on IFLO may be due to the fact that many people thought J & J was going to make an offer to buy the company, not just signning a distribution agreement. On the technical side, when the stock failed to respond favorably to the news and started to slide down, many people (including me on part of my holdings) decided to take profits and stand aside. Bernard

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