Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Baton who wrote (478)	1/7/2002 10:07:51 AM
From: Dave Gore	of 16631

Baton, MLNM just got a BUY rating, Lehman also upgraded Biotechs. This may give MLNM and others in the sector a boost. MLNM seems to start to run back up a bit everytime it hits about 22.50 intraday and fall back near 25.00. One of these weeks or months I wouldn't be surprised to see it run back to $35 per its chart, but who knows, it doesn't look like it wants to mount a serious run just yet. It's a pretty erratic stock and a bit riskier than most of its size, but I think it does really well longer term. The BTK index started strong and now has pulled back quite a bit. The SOX raced to 598+ and now has pulled back to 590. Looks like this morning we got the classic 9:50/10AM pullback.

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