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Biotech / Medical : Sepracor-Looks very promising

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To: BMcV who wrote (2732)5/12/1999 10:26:00 AM
From: M. Ramle  Read Replies (1) of 10280
 
Bruce:

I must admit that for the first time in the last several weeks, the technicals on the chart are improving very rapidly and the stock has shifted into accumulation from a severe distribution. Even as I am typing this response and the DOW is down about 118 pts., SEPR seems to want to move up.

I have also noticed from my experience following SEPR is that when the price does NOT react to any negative overall market sentiments is the time you want to start buying. I am looking for a test of the $102-103 overhead resistance very shortly and a run towards the $110 right after that. Good Luck.

Mazen

PS: I would like to see a close today above $95 5/8 today, and I would bet the $102 test would occur by this Friday.
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