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Biotech / Medical : Biotech - Technical Analysis

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To: XenaLives who wrote (15)	2/2/2001 7:44:57 PM
From: Tomato	of 544

You say you would only buy when the stochastics goes under 10 and turns up -- back testing on that idea, you would not buy MLNM because it hasn't hit that point in the last 6 months, correct? I don't buy only when stochastics goes under 10 and turns up--but when a stock I want to buy is in a downtrend like MLNM I would wait for the stochastics to turn up. BTW, no one asked me, but I think the best commentary and educational source I've found on the web concerning TA can be found at www.thestreet.com with Gary B. Smith's columns. (He doesn't think much of stochastics, I think--I latched onto that one without his help [g] ). He used to have a hot-link allowing you to go to a "Gary B. Smith primer", but, alas, it was gone last I looked. Hope your INCY turns up for you soon! Regards

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