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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jerry Olson who wrote (14324)9/9/1998 8:26:00 PM
From: Judy  Read Replies (1) of 120523
 
Sweets,

The trading action in IMNX was expected, I didn't pull 57+ out of a hat. IMNX held all day, then dipped the last 15 minutes of trading. Buy it on the upswing.

I have no idea if IMNX is dead or not in the short-term. Much depends on whether the FDA approves Enbrel next week.

If this market is dangerous, then short it.
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