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To: Galirayo who wrote (354)	1/3/1998 3:38:00 AM
From: Instock	Read Replies (3) \| Respond to of 1488

Ray: I would never want to get in a TA Debate with you. I bow to your further knowledge and expertise on this subject. As you rarely Post on any thread I post on, unless you have a point to be made, I assume one is coming. The point this time? What does your TA show? Two interesting questions that I look forward to the answers. I would never take claim at being correct on all my trades. Few are, VERY FEW are correct on 80% plus trades. I beleive you gain by cutting your loses as fast as you can, but not too soon either!!! Since your rarely post what you are doing with your own sweet $$$$, I assume we your record is spotless. DRND was a heck of a stock( Long ) to jump on Tuesday, even parts of Wednesday. Friday, I would have hated to get in ( LONG ) at a price higher then $6, as about 800,000+ trades did. After a Rocket climb it has had, that would be VERY risky! After the stock drops to a more reasonable level, this could be a good Long. At this level you would be getting in high. The short sellers are going to cont. coming at the stock, pushing the price down. Those wanting to lock in their gains will start jumping ship. Today, both DJNews ( Story about the Bio sector and mentioning DRMD's recent run up ) and WSJ (mention of DRMD recent price gains) had early AM stories. I am sure those two soarces add'ed a few buyers to the first hours trading when it gapped up in price. Without them, the price would probably have started the day 3/16 below $6 and not 3/16 above it.Throw in some panic short covering as it shot up. The stock could not hold its opening GAP up in price and started dropping within a half hour or less. After hitting a bottom of $5.78, the stock started its slow day long move back up in price. Even made a ( Failed )run at its interday High. Retreated , bounced around both sides of $6 and closed on the Ask at 6 1/6 while the Bid was 5 15/16. ( Glad I am NOT LONG above $6 !!! after a three day strong rally!! ) Monday, most all the Daytraders will be back, in force. Many Daytraders have been out of the market during the holidays. Daytraders and the big money people are more lickly to short a stock then the average person. This could play a large factor on monday! The RSI is 78 on the 14 day. I would call 78 rather strongly over bought.It is turning sideways a bit so i assume that the RSI is lossing some steam. The +D1 has started to turn down while the adx is sideways. Momentum is clearly over bought as it is far into Positive. 1.105 on mine. Macd appears to be very close to it's 52 week high. Last two times the macd was that high, the stock dropped back down very fast. The stocks 50dma failed to cross up though the 100 dma once this year and does not appear ready to try it again, unless there is more price movement up. Im tired, stopping here. Like I said, never promissed to be correct all the time, but as with any stock you take a position in, I feel based on what I know, the stock will drop a fairly good amount. Could re visit $5 or less soon. Ok, what does your TA show? Instock