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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: Jibacoa who wrote (1362)	8/15/2005 5:23:19 PM
From: Tomato	Read Replies (2) of 3722

Bernard, Funny thing about that...I got the Turtle link from the SFO article! Do you use a trading system with an "entry and exit algorithm"? I find that it's hard to use TA with biotechs that I have fundamental views on. E.g. with MYGN, it's not doing great technically, but its predictive medicine business has been calculated by respected analysts as worth $14/sh and they have $4/sh in cash....If it goes lower, common sense tells me that it's more attractive as an investment, but TA tells me to sell, especially if it violates some support or trend line or moving average. Guess one needs one account for trading and another for investing? Cheers, Wayne

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