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


To: Sam who wrote (3256)4/14/2001 5:21:02 AM
From: Apakhabar  Read Replies (1) | Respond to of 3414
 
Hi Sam

Really, you shouldn't use "golden cross" unless you ARE looking at a conventional chart. Of course, having read this board for a few years, I know you have your own method of chart construction, but you really ought to use your own vocabulary.

Anyway, PLMD looks great right now. Trending up, and the volume is back (down) to normal. With the overall market improving, I think we can expect to see PLMD make a run for 40.

I'm sure I do differ from you in my opinion that, following a strong move, there is every reason to sell PLMD and take profits, since the stock has proven to be so volatile, and will IMO continue to be so until the FBI story is completely laid to rest.



To: Sam who wrote (3256)4/15/2001 5:33:14 PM
From: Richard James  Respond to of 3414
 
Sam,

Thanks for the explanation. Makes perfect sense for you to use shorter term dmas.