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To: Terry Whitman who wrote (78129)12/6/1999 9:31:00 PM
From: NickSE  Read Replies (1) | Respond to of 86076
 
Here you go...

DRG (P&F update) - Amex Drug Index - Last 370.97

Continues in its an long term uptrend, but appears to have entered a short term downtrend with a sell signal today. For support levels, watch 355 and 325 (minor), and 310 (bullish support line - critical to keeping uptrend intact). For resistance, watch 405 (minor) and 430 (major - March peak).

Also, the Drug Sector Bullish Percent currently reads Bull Confirmed at a level of 56% (as of 11/30).

(Bullish percent definition - 204.232.40.6 - Just substitute the NYSE stocks that are being described, with the drug sector issues, and you'll get the picture of how the BP levels work)

Hope this helps,
Nick