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Biotech / Medical : Biotech & Pharma.T.A,

BIB 78.87

-1.3%

Dec 2 4:00 PM EST

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To: JMarcus who wrote (1437)	10/6/2005 1:51:35 PM
From: Jibacoa	Read Replies (1) of 3722

Marc, RGEN seems ready to close its July 27 upgap. As you may recall, the H on July 26 was 2.42 (it closed at 2.33) and the L on July 27 was 2.62 (it closed at 3.30) So the "gap" was from 2.42 to 2.62 (20 points) In order to close half the gap the stock could get to 2.52 and there is some "support" from the May 25-May26 double top at the 2.50 level.<g> bigcharts.marketwatch.com The L, so far today, at 1.12PM was 2.71 and the nearest intraday support is at 2.75 with resistance at 2.80 As I mentioned to Ray, I am still waiting to see how things go on Monday, since I don't particularly like the market's behaviour this week.<g> Message 21770020 RAGL Bernard

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