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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Carolyn who wrote (7745)	4/13/2005 10:41:51 AM
From: Walkingshadow	Read Replies (1) of 8752

ALNY is trading at the high of the day, up $0.35 at the moment (+ 4%). RSTG is up a similar percentage. I figured RSTG would test resistance from the middle of that long black candle from Monday, and it looks like that is happening. I think it will recover and eventually move higher after consolidating near former levels. Oil has dropped even further on new supply reports, now trading at $50.30 or so, and appears to be failing at key support. But that doesn't seem to have much affect on the market, which is decidedly bearish as I've said again and again. T

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