Raptor's Den Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Raptor's Den

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: velociraptor_ who wrote (7661)	2/6/2003 11:45:07 PM
From: mishedlo	of 10157

From Brian Mish - Here is an EW analysis on the AMEX Biotech index. tinyurl.com Right now, the chart is in the form of a double three - 2 corrective waves W and Y. There is the possibility of there being 3 corrective waves, but that is the max. I think that after this last a-b-c completes, there will be a good opportunity on the long side. It may be the bottom in biotechs, or it just may be a bottom (to be followed by another A-B-C decline), but it will probably be tradable. But aside form that, I am thinking that Biotechs might be a long-term investment to look at. So, that is where I'm looking from. I'm sure MLNM can get 1/4 of cash, which is why is belongs on the watch list for now - but not forever. Brian

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next