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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (455)	7/2/2002 12:50:36 PM
From: Jibacoa	Read Replies (1) of 544

The General market and the Biotech Sector continue the downtrend. The Biotech stocks on the red today outnumber the few on the black by a 20/1 ratio, with several double digits items on the red camp.(AFFX ALXN ARRY AVN DVSA ELN FHRX GENR GLIA GZMO ILXO INCR LGND LJPC MDCO NOVN NPSP RIGL TXBI VLTS ) The BTK is trying to hold at the 308 level and starting an intra-day comeback.<g> However with the Holiday coming expect for it to retry the intra-day L and it is possible it may test the support level of 270 to 290 from 1999.(It already has made new Ls for 2002, 2001 and 2000 <g>) siliconinvestor.com bigcharts.marketwatch.com bigcharts.marketwatch.com Bernard

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