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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Bradpalm1 who wrote (7815)	5/6/1998 12:39:00 AM
From: VLAD	Read Replies (1) \| Respond to of 23519

<< If Vivus rises above $15, I plan on reestablishing my short position.>> As a day trader it might be a safe move since 15-15 1/2 is the technical resistance level yet to be broken since the gap down but mark my words: Just when you think you have a trading pattern established is when things can easily do just the opposite. If vivus breaks that resistance level and you enter short at 15-15 1/2 you had better be ready to cover because all technical indicators will be a green light for momentum traders to buy and institutional shorts to cover and you just may be left in the dust at 15 while the stock does a rapid move to 20. Go short if you please but I would advise watching your position tick for tick otherwise you may end up short more than just your position. Don't think that because you rode Vivus down short from 15 the first time that you have money in the bag a second time. Whenever I have tried a repeat performance I usually get burned because I thought I could predict a particular stocks price movement based on what it did the last time. VLAD