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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/10/2001 2:33:37 PM
From: besttrader  Read Replies (1) of 37746
 
14:31 ET Millennium Pharm (MLNM) 35.66 -1.58 (-4.2%): FDA grants accelerated approval of Campath as a treatment for patients with B-cell chronic lymphocytic leukemia (CLL), the most prevalent form of adult leukemia. Campath has been licensed by BTG (global technology commercialization company in London) to MLNM. With approval, Campath will become the first monoclonal antibody to be approved for the treatment of CLL and first new drug for treatment of CLL in nearly ten years.




14:09 ET Netegrity (NETE) 33.27 -2.63 (-7.3%): -- Technical -- Back testing bottom of recent range, April 25 low and 50 day simple ma (33.15/32.49). Posture above keeps bias neutral, failure at this barrier leaves the door open to the 29.50 area. Short term resistance is at 34.70/35.
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