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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.780.0%Dec 31 4:00 PM EST

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To: Jibacoa who wrote (2479)3/12/2009 1:10:51 AM
From: Jibacoa  Read Replies (1) of 3722
 
The General Market remains treacherous.But there are some encouraging signs. :>)

Last Friday, March 6, we had almost a "Reversal Day" on the DOW, which after making a new L, was able to close on the green, above the previous day close, although below the previous day H.

The DOW is trying to get back above the 7000 level. It seems that it still has to deal with a good amount of resistance at the 7450 level, before it can try to close the small down-gap of Feb 17 above 7740 <g>

bigcharts.marketwatch.com

I still remain on the sidelines.

Bernard
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