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Biotech / Medical : ONXX
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To: Elmer who wrote (404)8/2/2000 6:41:48 PM
From: Paul Kern  Read Replies (3) of 810
 
No one is saying that this won't be a $200 stock in 2003 but there is nothing wrong with making money on your investment during the ups and downs.

There is another biotech company with simple, elegant, technology that I've traded , ATIS, and , when they have a product, hopefully this Fall, I'll hold it.

Back to ONXX: Take a look at the one-week chart here in SI.
Both the OBV and the momentum indicators curved down towards the end of the day today. This portends a drop. I'm no expert but I expect to see it someplace around 14-15 and I'll watch it until there is some upward movement, and buy it again.

siliconinvestor.com
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