SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : XILLIX FDA APPROVED -- Ignore unavailable to you. Want to Upgrade?


To: hsg who wrote (471)7/23/1999 2:24:00 PM
From: marcos  Respond to of 572
 
quote.yahoo.com - there will come a bounce, question is where.
Taking .99 as the start, the 62% Fib didn't provide significant support, the 50% did for a while but now xlx is riding on the 38% more or less ... there are other Fib numbers of course, also it may be more useful to take the drop [.99 - ~.30 = ~.69] and use the Fib numbers on that .... not completely sure how useful this stuff really is, but i find it fascinating - hardrightedge.com

Fundamentally, xlx is clearly better off divorced than shacked up with a partner prone to spousal abuse. The only difference now is that the news is out. There's a lot to be said for getting all the bad news out and dealt with, then you get on with your life from that point. Not that the suit will go quickly, it will drag on for sure ... but the chances of positive developments coming up seem quite likely imho ... and in the meantime it's an exciting chart ... a bounce of some sort next week wouldn't surprise me a bit.