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Biotech / Medical : Biotech & Pharma.T.A,

BIB 82.35

-4.5%

Jan 8 4:00 PM EST

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To: Jibacoa who wrote (2697)	2/11/2010 9:56:10 PM
From: Jibacoa	of 3722

O.T. Looking at the general market and answering a coment on another thread. <<Interesting that CYCC didn't give up all the gains toward the close.>> The general market also didn't give up most of its gains toward the close. Of course, there is still a lot of volatility and enough reasons to be worried from the economy point of view. But the NAZ closed just 2 points below its intraday H and the DOW and S&P were more closer to their Hs than to their Ls. The three don't look bad, with stochastics continuing to rise from the early Feb Ls. However, resistant points aren't too far above.<g> The Dow at 10280- 10315 The S&P at the 1100 The NAZ at 2000 CYCC traded a penny below its Feb 4 H. It has closed its Feb 4 UG and stochastics are close to 40 (it dipped below 20 on Feb3 ). If it can close above the Feb 4 H and with some good news it could retest the resistance at $3 The intraday H on Jan8, at the end of the 3 days spike, was $4.08 bigcharts.marketwatch.com Bernard

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