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

To: StockDoc who wrote (274)	8/1/1998 8:47:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 399

It's higher here. I happened to look at ARQL's price chart today. It made a downside bust-out on Monday and gapped out to 8. Then I caught up with the thread and came upon this: "Also a kudo to Ahahaha. While I think his rationale was way out in leftfield, if that close, his call of $8 bucks was hit to the 't' today. I, for one, never expected to see this level." My rationale has been proven week after week and has been ignored because it was never understood, but the company, institutions, and public, are reaching my conclusions quietly. There isn't a soul on this thread that agrees and not one of them chooses to hear the voice crying out from left field. If it doesn't have to do with the practicality of the company's science, then what does it have to do with? The general topping of the market? Well group, you'll find all of that in my previous posts and we haven't even gotten to the coming rise in interest rates. The FED won't raise them, but the free market already has begun. You can't see it. I can. I went back to read what I wrote earlier this year. Chapter and verse. You couldn't get a better assessment about exactly what has happened. That doesn't have anything to do with me. Anyone could reach the same conclusions. They would only require an objective outlook to do it. The break to 8 is nothing. Just luck. The thing to understand is the many posts to those whom no longer show here. My scientific arguments told you everything and not one counter-argument held up. The company is going out of its way to hide the validity of the scientific reasons I gave as why this company is a sham. Where are the chemical bio-physicists? Collaborating. Gone fishing with Eric. I'm sure the denizens here would like to know what my every trade analysis has to say. It says nothing constructive. The only demand is booked short covering so you get a tight consolidation. Long ago I suggested this company could get as low as 3. The gap this past week is a breakaway and that means it will be a long time before being closed. It is possible the stock could advance to 10 3/8. I wouldn't book. I'd sell market because there has been no capitulation. No volume exhaustion. Plenty of 5k to 10k market orders to sell. A wall at 9 1/2. And no bearishness at all on this thread with one exception! In August the market will get a reflex rally. The drug stocks are undergoing major distribution through down tick concession on small volume. There's nothing worse except when the in-for-the-long term holders panic and dump and the bids are pulled from below. Maybe there'll be enough action to get out of this and other dogs. I'm telling you there is big market trouble and the reason is the smug, self-assured, emperors who have mistaken brains for a bull market.