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Biotech / Medical : CTEC: Cholestech any other investors? -- Ignore unavailable to you. Want to Upgrade?

To: epicure who wrote (372)	12/16/1997 7:05:00 PM
From: Duane L. Olson	Read Replies (1) \| Respond to of 710

Alexa, contrarian or not.. the stock was in an extreme "oversold" condition and due for a snapback. Note the recovery in the Relative Strength Indicator (RSI) in the following chart (Note, Usually we see the snapback with RSI at/under 30 ... so this was extreme) dlo 207.95.154.130

To: epicure who wrote (372)	12/16/1997 7:29:00 PM
From: John Kratus	Read Replies (2) \| Respond to of 710

The contrary indicator I wrote about on the Yahoo board was due to the large number of new posters who seemed interested in a quick pop up in price. I suspected that they wouldn't hang around long, and given CTEC's roller coaster ride in the last few months, I think I was right. The CTEC story is going to take a while to unfold, and there was too much euphoria above 14. My guess is that we have seen the last of single digits. What's Worden? John