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Biotech / Medical : SAFESKIN -- Ignore unavailable to you. Want to Upgrade?

To: Ann Williams who wrote (310)	5/21/1998 4:46:00 PM
From: David Rubin	Read Replies (1) \| Respond to of 828

SFSK is dangerously close to breaking a very long trend. Going back almost a year, SFSK has never closed below its 50 day moving average ... until this past Monday. Luckily, it bounced back very nicely on Tuesday. The 50 day average is now at 36.5. If the past is any indication, we are due for a short run-up to the 40-42 range where we can once again rest comfortably above the average. But if SFSK changes direction and closes below its 50 day average for more than a couple of days, it could get ugly. Many technicians use this as a key sell indicator. Still long but a bit nervous...