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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.68+0.1%Nov 28 4:00 PM EST

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To: Galirayo who wrote (966)6/6/2005 10:08:10 PM
From: Jibacoa  Read Replies (1) of 3722
 
I hope you were not Scooped Out After Hours.

Ray:

I didn't like the intraday double top at the 5.80 level at 2.35PM and the failed rally from the 5.62 L at 3.11PM to the persistent or stubborn resistance at the 5.75 level (from 3.27PM to 3.45PM) which triggered the late downticks to the 5.64 level so I took some profits during the regular session (not all <g>) and didn't buy back on the slight rally 5 minutes before the close to the 5.74, which was done on low volume, or AHs on the dip to 5.50 (Will rather wait to see how things start tomorrow)

I will buy some of the stock I sold if it seems that it will be able to stay above 5.65

With the cost of trading these days down to less than $0.02/share I think we can afford to get in an out of a position much better than years ago,when you were still behind taking a $0.50 profit.(I don't know if you were doing any trading back then, and we didn't have AHs either.<g>)

RAGL

Bernard
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