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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (9092)9/26/1998 6:50:00 PM
From: JoeinIowa  Read Replies (1) of 29382
 
Amigo Sergio,

Per your request on Biotechs. I think I sent you a list of some that I have been tracking lately. Let me make a few comments in general before I post. David J and I have been looking at these from both the FA and TA perspective. It seems to me(David may disagree)that they go up on news and fall back down following a more technical support pattern. If the go down on bad news they usually have solid support levels.

There are 4 I am watching. 3 are because they trade options. One is because I heard some whispers.

CEPH - Take a look at the range on this baby this week. Its a two holy cow trader this week.

CORR - David says a bounce off 8.5 is the place to buy. I agree. Buy
the Jan 12.5.

IMNR - Nice little move lately.

ONXX - A double in the last few weeks. At one point was trading at its cash level.

Sorry I can not get into more details at this time but we are in the process of moving and this is my 5 minute break.

JoseinTuvula
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