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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (748)	4/27/1998 4:09:00 PM
From: Jim Roof	Read Replies (1) \| Respond to of 4634

<<I am unequivocally right...as evidenced by the fact that Biotime keeled over from 18+ to 11 in the same time that the market was screaming upwards and your "TA" predicted it would go higher.>> My analysis put no timeframe on when BTIM would head higher. Neither did it put a timeframe on ZONA moving from 20 to 30 (which it did). My stand on Biotime is based primarily upon the same observations that apparently led you to cover your short position, it has strong support in this current area of trading. When it moves up I cannot predict, but the fact that it has slid on overall decreasing volume tells a technical analyst that the overall long term trend is still bullish. Jim