Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who started this subject	3/5/2001 12:20:59 AM
From: blackmerlin	of 6445

For those interested in trading biotechs - "Weekly BioRollerCoaster: On Monday 2-26-01 biotechnology stocks continued their rally from the previous Friday with the BTK closing Monday's session up 6.81%. However on Tuesday biotech stocks gave back part of their gains reflecting weakness in the high technology group in general and continued warnings about decreased earning for several big high tech players. From Wednesday through Friday, biotechs in general traded within a narrow range to close the week slightly up. The Amex Biotechnology Index (^BTK onYahoo, BTK.X on SI) ended the week advancing 1.78%." Big winners for the were HGSI MLNM CRGN INCY ABGX and SQNM. See biobiznet.com for further details.

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