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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: felix who wrote (4881)1/21/1998 11:14:00 PM
From: LastShadow  Read Replies (2) of 120523
 
DEPO

Technically I would say yes, give the number of huge buys today. It seems odd that the resignation of 2 vice presidents yesterday would cause such elation - although I can think of a couple that would make me happy here...Be that as it may, the only problem with biotechs is that they could be expecting news tomorrow, in which case I will watch it just to short as it peaks. If no news comes an the number of buys and lower resistance increase tomorrow morning, it would definitely be a good time to enter. Be way though, as there weren't a lot of buys today, just a few large ones.

lastshadow
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