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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.12-2.1%Jan 30 4:00 PM EST

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To: Robohogs who wrote (1104)6/19/2005 10:35:37 PM
From: PuddleGlum   of 3722
 
Try this on for SEPR:
stockcharts.com[PA][D][F1!3!2.2!!2!20]&pref=G

In spite of the different viewpoint presented by the 2.2% boxsize, I find $49 not unreasonable. That would fill a gap, at least. $55 has held several times, but I see some declining tops.

I wonder if the market hasn't gotten a bit frothy, and maybe it's best to wait a week or two for entry points? I'm determined to do some "personalized TA" studies some day on chart patterns that are good under fairly specific market conditions. For instance, with the market's current frothiness one may do better searching for breakouts rather than bottom fishing (or it could be vice versa, though I doubt it), while under other conditions the bottom fishing might prove much more profitable. By the way, these studies will happen someday when I have lots of free time on my hands. And I hear that even in retirement one doesn't have much free time...
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