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Strategies & Market Trends : MACD has been good to me....How about You?
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To: AugustWest who wrote (358)11/6/1998 1:23:00 PM
From: Vendit™   of 1109
 
I think I mentioned it before but you can safely predict Biotech spikes just by watching a 10/50 dma. Buy just before the 10 strikes the 50 and sell on the spike that happens in a day or two. It's best to find one with a chart history of frequent spiking. Say every 4 or 5 weeks. Sometimes you get lucky and have a major news release like GERN. Then you go on a vacation for a while!
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