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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (60730)10/16/2000 12:07:12 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
They're bouncing off the 200-day moving average on Friday. i.e., Medical-Biotech, Medical-Medical Instruments, and Medical-Advanced Products. BTK is more narrow and still somewhat above the line.



To: James Strauss who wrote (60730)10/16/2000 12:08:12 PM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
an exciting breakthrough can power a stock. The sector is toppy.



To: James Strauss who wrote (60730)10/16/2000 12:40:45 PM
From: Robert Rose  Read Replies (1) | Respond to of 99985
 
<Good economy or bad economy, an exciting breakthrough can power the whole sector...>

With the important exception of the mapping of the human genome, that statement does not resonate with me. At any rate, a good way to play the biotech sector as a whole and hopefully avoid most of its many pitfalls is: bbh.


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