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


To: Ann Williams who wrote (312)5/23/1998 7:57:00 PM
From: babette spatz  Read Replies (1) | Respond to of 828
 
Went to the library--did anyone know this stock is **** by S&P and now on their "BUY" list?



To: Ann Williams who wrote (312)5/26/1998 4:35:00 PM
From: David Rubin  Read Replies (2) | Respond to of 828
 
Friday's close was right at the 50 DMA. Today we are below it but it was a very bad day for the market so it's not very reliable.

However, the chart is definitely unsettled since the peak in early April. Maybe there are a few more weak hands who bought over 40 that need to be shaken out.

Given that the market appears to be headed for a typical summer slowdown, I think the best we can hope for is to stay within our 34-39 trading range. If it goes below 34 we could be in for an extended slide...