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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (41489)12/11/2002 6:06:49 PM
From: SpecialK  Read Replies (1) of 52237
 
Any opinions of BBH and AMGN, BGEN, CHIR, DNA?

BBH broke a quadruple bottom (PnF) today. It could reverse 3pts back up, but this may be the clue that it will break down out of the wedge. I'm not sure which components are behaving strongest and weakest in the HOLDR.

One strategy would be to sit and wait for the break.
Another would be to go Long the strongest and short the weakest. Any thoughts?

Ketan

edit: From the looks of Biotechs, it's clear they bottomed in July.
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