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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (3992)8/2/2000 5:22:36 PM
From: U.B. Green  Read Replies (2) | Respond to of 30051
 
Zeev and all, Now KEM is reading 24 3/4. What is going on?

Bernie



To: Zeev Hed who wrote (3992)8/2/2000 6:00:48 PM
From: Bosco  Respond to of 30051
 
Hi Zeev - I was tempted to pick up KEM at the close, but seeing NAZ picture, I think there is a chance of a gap down tomorrow, so I back off. That said, even if we ve a g.d., there is a possibility of a reversal to nullify it, isn't it? CHIR just came out with good earning and good outlook, even the CEO wanted to revise the target upward. My guess is that people may put 1 [CHIR] and 2 [PDLI + QLTI] together and see biotech as a way to park some money. Of course, if the initial claim is benign, Fri economic data will become a set up to support the falling NAZ.

best, Bosco