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Strategies & Market Trends : The New Millenium Portfolio

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To: wlheatmoon who wrote (360)	2/16/2000 1:00:00 PM
From: John Pitera	Read Replies (1) of 540

Here is a chart of GENE and one on CRA that I posted to chip on the players club thread back on 2-10-00...note I was mentioning CRA getting ready for the next leg up. Chip has owned GENE since it went public in 1982!!! His wife worked there.... it took a long time to get going -ng- -------------- Here is a chart of GENE from 1982 to today to supplement your analysis. geocities.com it can be argued that GENE has broken out of an ascending triangle with a rising trendline in green that started with the split adjusted .75 low on 1-3-91. As you have pointed out there was a double top that was hit in 1983 and then again on march 5 1995 @ 15 which is illustrated with the blue line. with the recent furor over the upcoming completion of sequencing of the complete human genome, these genome stock has exploded through the roof. the power of the moves of these stocks is so great that measuring targets are largely irrelevant and we will need to see another catalyst for an inflection point to turn them earthward once again. CRA the Perkin-Elmer genome spinoff is another example that Mike had bought in the 80's in Dec. I had made a chart when it had ascended to 250 back on Jan 10th. geocities.com it has subsequently had a pullback to 180 and is at 263 today, looking like it will break out to the upside again and head still higher. John Message 12839610

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