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Biotech / Medical : Biotech - Technical Analysis

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To: JEB who wrote (145)	3/9/2002 12:44:16 AM
From: Jibacoa	Read Replies (2) of 544

<< is there any way this company can drop below 2? >> In the market anything is possible.<g> When the bull is rampant you can see stocks (like ADSP in Nov.1999 <g>)going from 4 to 57 in less than one hour. When the bear is dominant you can see even some "blue chips" coming down crashing on relative minor news. SCLN held at the 3 level today (10.53AM)and looks pretty good on the chart. I would expect for it to close above today's early intra-day H (9.35AM) at the 3.38 level. As I mentioned before it still needs to close above the March 6 H of 3.90 before testing last year's June & January Hs. Bernard

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