Sepracor-Looks very promising Message Board

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Biotech / Medical : Sepracor-Looks very promising

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To: Art Vandelay AIA who wrote (2552)	4/28/1999 11:43:00 AM
From: Don Miller	Read Replies (1) of 10280

ClearStation (the backward viewer) just recommended shorting SEPR. I do not agree, but you deserve knowledge of the information anyway. Don Quote: Subject: (ClearStation) Recommendation : SEPR (Short) by kensey Date: 28 Apr 1999 15:05:32 -0000 From: ClearBot@clearstation.com Reply-To: support@clearstation.com To: Subscribers of kensey's recommended list <kensey_subscribers@clearstation.com> ............. 'kensey' has recommended SEPR (Short) 'kensey' said: One Two Punch. MACD red (downtrend) and Stochastic is overbought (a short term bounce within the context of that downtrend). Similar to AMGN short yesterday but a little bit more of a pronounced downtrend. Sepracor (SEPR) has been MACD red for about a month. Stochastic is overbought which indicates that relative to where prices have been navigating in the recent past, prices here are extended to an unsustainable level, starting to form a cup, and about to head lower. The situation is similar to the beginning of April when and where prices bounced higher off an intermediate low of 110 to navigate to 120. Prices then formed a cup. Then the next leg of the downtrend resumed and prices where taken down to the 80 dollar a share level. Prices then bounced back up to 100 wher they now sit. Yet another cup, perhaps another leg down. The basic gist is that stochastic is a short term indicator while MACD is a longer term indicator. MACD indicates vertical direction over a longer period of time. MACD is deemed a stronger indication as to the direction of prices than stochastic. So the action described by stochastic is a warble within the confines of something stronger and more persistent and of greater weight. A stop loss would be placed at 102. That is, if prices don't head in the direction of the trade (down) the position is closed out. One caveat is the very high level of selling that occurred in the leg down from 110 to 80 - this can indicate exhaustion of the downtrend and foreshadow a reversal where prices start to trend higher. Exhaustion selling means that 'everyone who has wanted to sell has sold'. Or, the stock has been sold out to the extent that there is no one left to sell who wants to sell. Sellers have left the train. Another stock in the wilting biotech group that is in a similar configuration to Sepracor and Amgen is Biogen (BGEN). kensey See the annotated graph of this recommendation at: clearstation.com +-+-+-+-+-+-+-+-+- Recommend emails are a powerful way to get investment tips as they happen from the ClearStation community. If you would like to UNSUBSCRIBE, go to clearstation.com Copyright (c) 1998. ClearStation, Inc. All rights reserved. ClearStation is neither an investment advisory service nor an investment advisor and does not purport to tell or suggest which securities Members should buy or sell for themselves. Members should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.

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