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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (106233)7/9/2000 12:15:27 AM
From: kha vu  Read Replies (1) of 120523
 
Hi Jenna and Gemmers,
INCY, MEDX,CEGE: you have a good list of biotech for the swing trades (2-5 days). I wish I held some shares of INCY and MEDX last Thursday for Friday sales ( it would be a 10k gain rather than a few hundreds -- a gamble on the employment data).
I've been scalping INCY and MEDX for $2-3/share a day and close all INCY and MEDX before 3:00 PM on Thursday. On FRIDAY these TWO moved too fast and kept me wondering if they were already reach their intraday HIGH. Once they past the limit $4-6 day high I am reluctant to buy and stay out to watch them. Right now AFFX with wide swing like SDLI would make them a good scalping stock. BUT I would NOT recommend these unless one has been playing them and monitor the indexes closely with their moves.
CEGE: is good swing trade, already getting over the 30+, double the daily volume on Friday, prices have been consolidating in the high 20 range, the splitting of ABGX will add more cash on hand to CEGE for their ongoing
and positive result researches.
Just thinking aloud on this nice, cool, low humidity and sunny summer day.
Gemmers please do more DD on these a post your thought here.
Thnx
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