Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (2175)	2/4/2002 1:46:35 PM
From: Prophet	Read Replies (1) of 16631

On the Biotech: The biotech index. is now at key support level. CELG down significantly. In my opinion, CELG might be at a bottom. It briefly tested the 22+ support level and quickly jumped to 28+. CELG in my option is a good pickup from here up to 31. IVX is also down today. IVX has good support around 17+. The rumors of a possible buyout have not completely disappeared. On a biotech bounce, IVX is probably a good bouncer. IVX is also a good trading stock in the range of 17-22.

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