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Biotech / Medical : Biotech & Pharma.T.A,
BIB 86.28-0.4%Feb 9 4:00 PM EST

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To: JMarcus who wrote (1525)10/17/2006 3:03:07 PM
From: Jibacoa   of 3722
 
Marc,

Re: Your question about the IBB, which was placed today on an old inactive thread.<g>

It is now off the downtrend coming from its March 3 H of 85.70 & its recent near-term trend started on October 4 from the 73 level.

The intraday support stands at 77 & it just traded at 78.13 (while I was typing.<g>) That is above yesterday H of 77.95

It seems that is a good performance, especially taking into account today's unfavorable general market.

The nearest resistance is at the April 21 H of 79.37

bigcharts.marketwatch.com

Bernard
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