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


To: Frostman who wrote (15571)9/25/1998 8:25:00 AM
From: Susan Saline  Respond to of 23519
 
Good morning VVUSers

how I read the VVUS chart and the market in general....

207.95.154.130

Friday ... futures are down big ...
market will open down ...
this makes for very early buying opportunities, as many will rebound from that early low ... 9:45 to 10:15 am

VVUS trend and candle chart show a firm base at 2 3/8 to 2.50

but the market is weak, we could see a fast fall to 2 5/8, with a slow rebound back up during the day ....
that would make for a buy at about 2 5/8
this is a worst case scenario

for those who miss the morning low .... and are not want to chase it back up ... in the next few trading days ....
a buy stop at 3 17/32 to 9/16 for short term trades should be safe....for longer term a buy stop at 3 7/8

And now, the mm's will read this and do just the opposite <bZg>

Sue