RespireRx Pharmaceuticals Inc (RSPI)

[jerrydylan]

Hi folks, I read someone asking my opinion about today's trading, unfortunately I couldn't post intraday. I looked at the end of day chart and given the early weakness it looks better than I would have thought. We more or less held the 50 day MA and left a bullish tail- I'd like to see things firm up above the old support around $2.85 like tomorrow. Biotech had a nice day and I think the Nasdaq is poised to leave the S&P behind so all things being equal we had a little weakness coming because the average biotech has stunk lately- with the news being very anticipated and not forthcoming on expected timelines, it is only human nature to expect a wammy and some folks right or wrong are going to hit the sell button. Money flow was OK and I am on board with my long term stock, anxious but optimistic. I bought some ArQule today aren't there some ARQL bulls on this board?