Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Gary Burton who wrote (43538)	4/29/1999 10:42:00 PM
From: marc chatman	Read Replies (2) of 95453

OT Gary, I've been looking at a biotech called INCY (Incyte Pharmaceuticals). From Yahoo: INCY designs, develops, markets and supports genomic database products and services using computer-aided gene sequencing for the purpose of identifying genes and their corresponding proteins with potential therapeutic applications. I haven't taken a position, but I see bullish MACD divergences lined up perfectly on the weekly, daily and hourly charts. This is similar to JDAS' chart when it took its last dip below 6 and similar to the OS charts prior to the March run. I'm looking for a possible dip under 17 to buy tomorrow. I was wondering if I could impose on you for an EW read. To my untrained eye, I can count what appear to be 5 large waves on the weekly chart and on the daily chart. TIA.

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