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Gold/Mining/Energy : Canadian Position Trading-looking for technical breakouts. -- Ignore unavailable to you. Want to Upgrade?


To: Shaw who wrote (91)9/20/2000 7:01:38 PM
From: Cush  Read Replies (1) | Respond to of 128
 
I'm reading along guys. May have something to add some day but for now ... just reading.

Cush



To: Shaw who wrote (91)9/20/2000 8:26:49 PM
From: Shack  Read Replies (1) | Respond to of 128
 
The Biotechs were way oversold, even more so than the rest of the Nasdaq and were due for a bounce. Here's a Biogen chart, looks like that reversal stick yesterday is confirmed.

stockcharts.com[L,A]DACLYIMY[DC][PB20!B50!B200!D20,2][VC60][IUC20!LA12,26,9!LD20!LH9,3]

As for oversold techs, I'm still looking for a bottom on MGI,MMD (options in the states MDSI),WIN ($35 will close that May gap)ino options and some solid footing for MYT-no options.