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Biotech / Medical : Biotech - Technical Analysis

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To: Jane4IceCream who wrote (209)	3/20/2002 10:41:14 PM
From: Jibacoa	of 544

SEPR It probably needs to retest and form a base at the 19 level before trying to close the down-gap from March 7. (Remeber that the L that day was 17.15 and the H 21.50) The major nearest resistance is at the 22.25 level ( The intra-day Hs on March 14 and March 19.) If you like to take a position on SEPR now I would sell the April 17.5 put ( ERQQW ) if you can get 1.5 or better.<g> That would give you an opportunity of buying SEPR for $16 or making $1,500 in two months if the price stays above 17.5 so you have some money to play and buy it if it seems that it will go over the resistance at 22.25.<g> I think the stock is a good buy,long term.<g> siliconinvestor.com siliconinvestor.com Bernard

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