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Strategies & Market Trends : Charts for Quick CASH $$$ -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (8604)	5/3/2000 3:24:00 PM
From: scaram(o)uche	Read Replies (1) \| Respond to of 9262

[ chat, bio ] >> Momentum on the downside. It failed the Upside Trend Line Break. Where it stops is anyones guess. I still like 2900 for a bottom. It'll probably level out before that. 3345? Momentum will dictate. << Not addressed to Ray..... for those newbies out there who might stumble across the thread...... if you're the type to stay off of margin, and you want to go for biotech with some downside protection, one might want to look at baskets right about now. There are some big bargains in the sector, IMO. These might be among those to consider...... MLNM, VRTX, NBIX, NRGN, MAXM, VPHM, NBSC, BTRN, SEPR, VIRS, ITMN, and NPSP. These are investment quality companies, IMO. Disclaimer: I own a lot of them, get your own opinions.

To: Galirayo who wrote (8604)	5/24/2000 2:35:00 PM
From: Galirayo	Read Replies (1) \| Respond to of 9262

[ May 3rd ... . Message 13554539 ] >>> Looks like a NAZ Wave 5 Downstroke in progress. Broken pennant in both directions for the NAZ in the last 3 days. Momentum on the downside. It failed the Upside Trend Line Break. Where it stops is anyones guess. I still like 2900 for a bottom. It'll probably level out before that. 3345? Momentum will dictate. <<< Now that C'x'BC has " Capitulated " ... on the 2900 Mark .. I'll "Guess" we are at the Bottom and the "weak hands" and margins are in control. Low Volatility won't hurt the Margins. Weak hands should be gone. I M H O ! R PS !!!! Lack of Volume on an "UP Day" means 2 me me ... = a lack of sellers. .. When sellers are gone .. we have a bottom ... Look at recent Volume on Up vs Down days. Lemme know what you find.