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Biotech / Medical : sciclone pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: swisstrader who wrote (471)3/21/2000 4:30:00 PM
From: Eric mulay  Respond to of 1137
 
i think its just alot of people freaking out and selling..
,, i mean,, you know how people get.. !!oh no!! its going to go to 0... sell sell... geez...such over reaction,, hey,, what do u do...guess i will just sit and watch,, im looking for some sign of a bottom to buy more

thats what i think...

E.M.



To: swisstrader who wrote (471)3/21/2000 4:36:00 PM
From: AurumRabosa  Read Replies (2) | Respond to of 1137
 
I took the hammering as a blessing in disguise and bought 5,000 at the close. Tried to buy another 5,000 but MSDW Online was too slow to process the order. We're below the 50-day EMA and many biotech stocks in a similar technical position have rebounded strongly. I don't see any news but I suspect that many under-funded traders have learned what a forced broker margin sale is these last few days. Strong close on all fronts today and very good chance the bull market rally will resume. I'll be looking to buy some more tomorrow.