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Biotech / Medical : URMD -- Huge market potential -- Ignore unavailable to you. Want to Upgrade?

To: Ms. Baby Boomer who wrote (232)	3/26/1998 2:51:00 PM
From: Bosco	Read Replies (1) \| Respond to of 369

Dear Maria - I am no expert on TA (just a newbie <G>,) forming a new lo without decisive DOWN volume is yet another bearish sign. I am sorry our give-and-take is not on a more positive note. I am long on URMD and I ve no intention - don't think I can anyway - to talk the stock down. I just want to describe the situation as it is presented. This morning, it bounced off 2, which could be interpreted as double bottom. Another retest this afternoon failed. Therefore, chances are there will be a retest of the new lo. So, I am not sure how you can say a bottom has been established. Sorry rgds Bosco