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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?


To: PAR who wrote (2840)9/16/1999 9:51:00 PM
From: Sam  Respond to of 3414
 
I normally don't do this but you asked. The PLMD demand moving average has cut the demand line in a downward direction. This is a (late) confirmation of the sell signal I spoke of above $29. It most likely indicates that there is another drop coming roughly equivalent to what has happened so far eg $29.5625-$25.50= $4.0625 or down to the $21-$22 area. I could be wrong but you might want to check prior posts before making a decision.
This doesn't change anything about the quality of PLMD and I will continue to accumulate shares at appropriate times.



To: PAR who wrote (2840)9/20/1999 12:33:00 PM
From: Sam  Read Replies (1) | Respond to of 3414
 
Looks like we've been able to bounce off the moving average but with low volume continuing alertness is called for.