KEG is hard one to figure, great volume
slowly declining, strange. But that is
not my bag anyway...mainly I stopped by
to follow up on my previous post.
Genomics: Interestingly, while Incyte (INCY)
has continued to look very strong, especially
Friday, Human Genome (HGSI) has headed the
opposite direction, very interesting.
Also in my previous post, I mentioned a few
of my micros, NTII saw a little action Friday,
don't know or really care for that matter
whether it follows through on Monday, trials
for the drug and financing will decide this
critter, not traders, but fun to watch.
Finally, Ariad (ARIA) showed some nice volume
on Friday. This would be my biotech pick of
the week for next week, it just has to break
out of this bottom--just has to! Some volume
in my cnsi as well, but who can say, the
whole sector has perked up now that large
cap techs and most of the net stocks are
drifting down...whether a bunch of stuff
starts breaking out now for real is a tough
call, lots of market jitters with that rate
upward bias announcement.
I know you fellas probably think, that poor
sod, always talking up the biotechs. But
many really are looking perky--not the ones
you would expect (the cancer stocks following
ASCO) but many of the really cheap ones have
some volume for a change. Just wish they
had done something a month ago when the
market in general was stronger than now. |
