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Biotech / Medical : Biotech Valuation
CRSP 57.58+0.9%3:59 PM EST

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To: Ian@SI who wrote (6299)5/9/2002 2:16:34 AM
From: Jibacoa  Read Replies (1) of 52153
 
The Biotechs participated on the Cisco Kid rally today, but since the BTK had recently broken the 400 support,(On Monday and Tuesday) it is best to watch wether it will manage to close above the 441 level.<g>

This "Cisco rally" sure doesn't have that much reasonable cause except the NAZ being "oversold".<g>

It is still too soon to tell if it just another bear market rally or wether a real change on the trend is coming.<g>

Bernard
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