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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: wlheatmoon who wrote (1743)8/19/2000 6:37:25 PM
From: John Pitera  Read Replies (1) of 2850
 
It makes since to wait on IMNX, Roque has put his
kiss of death on the biotechs and what he's saying
makes sense. the group is weak.

It's below it's 200 dma and I expect a new low.

the 14 day rsi looks like it's recently made a new low
in momentum,
so we need a new low in price ( below 40) with
a better momentum reading (divergence)

could you give me the thumbnail sketch on why
IMNX is a great biotech company?

many thanks,

John

(patience is very good to have) -ng-
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