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Microcap & Penny Stocks : Pharmos(PARS) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (1312)9/30/1998 10:36:00 PM
From: arnie h  Respond to of 1491
 
Ed: I'm happy to report the indicator I follow showed positive accumulation for the past 2 days breaking the long string of selling.
A confirmatory indicator also turned quite positive and I believe the stock is set to work its way to testing the trading range high of about $3.5, assuming the HU211 story doesn't turn out with any serious negatives. I think you made a good buy.

Have a good week,
Arnie



To: Ed Ajootian who wrote (1312)10/1/1998 8:38:00 AM
From: arnie h  Respond to of 1491
 
Ed: Obviously forgot to add the caveat "unless the entire market sinks like a rock". With the global economy and hedge fund problems, this isn't out of the question. And there are the Brazilian election and end of the current Japanese Parliamentary session on October 7 to worry about. Either of these could add fuel to the fire or help the market recover.
Investing is never easy.

Arnie


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