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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: Tharos who wrote (6968)8/22/1998 9:54:00 AM
From: Robert S.  Read Replies (1) | Respond to of 17367
 
I find it interesting....

To: Robert K. (6593 )
From: Tharos
Friday, Jun 26 1998 8:58AM ET
Reply # of 6969

"Candlesticks formed a bottom pattern, and it is not uncommon for a stock to dip below
a resistance level before rebounding. Fact it was under the $4.50 line only a couple of
days is a good indicator but the possibility always exists that this is a "bull trap."
Unlikely, give the time this stock has been consolidating."

One of your predictions, eventually, will prove correct; as J.P. Morgan once said, "If you must forecast, forecast often."