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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (735)	4/22/1998 9:17:00 PM
From: majormember	Read Replies (1) \| Respond to of 1720

[SNRS down 20%] Rainier, True, but at least it did it with gusto... In fact, wasn't todays TA action actually a long term bullish move? Am I incorrect to compare the TA of SNRS to that of BEAM in 91' and VISX beginning late 93? Both had significant up's and down's on the way to $35, but they got there. Is there weakness in my theory that SNRS WILL get to $35 in 12-18 mo. (barring unforeseen disaster, like FDA rejection)... If one were to ignore the TA on SNRS, and only consider the FA, true they might lose out on corrections, but wouldn't they arrive at their goals regardless? Best wishes, Skane