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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: Ian@SI who wrote (1982)10/16/2007 6:47:52 PM
From: Jibacoa  Read Replies (1) of 3722
 
Yes, the PPH was down for 5th day on a roll.<g>

bigcharts.marketwatch.com

But the important support to watch is the 77 to 79 level

bigcharts.marketwatch.com

The daily volumes this week have been < the 1M. (Nothing like the volumes in late July & early Aug or the more recent Sep 19 & Oct 4 & 5 (These recent ones were up-days <g>)

As you may recall, the Feb-March double bottom was at the 75 level & that hasn't been breached except for the short intraday dip on Aug 16.<g>

bigcharts.marketwatch.com

Both the DOW & the NAZ started the week on the down side & the worst looking is the TRAN, that has been on a DT since the Jul 18- Jul 19 double top at the 5479 level.

RAGL

Bernard
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