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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (1531)	1/14/2001 4:16:43 PM
From: Susan G	Read Replies (1) \| Respond to of 5732

Some of the smaller biotechs saw some nice moves off the bottom this week and look ready for further moves up. Many look healthier than the big cap bios, and were victims of tax selling. ORCH home.earthlink.net LEXG home.earthlink.net LYNX home.earthlink.net ABSC home.earthlink.net BIOM home.earthlink.net GENE home.earthlink.net ONXX home.earthlink.net IMGN home.earthlink.net GLGC home.earthlink.net Very close to breaking a double top if it takes out 23 1/8 CRA home.earthlink.net Finally ready to move up? Moved above resistance last week, and news is expected from Celera in February could move the stock up in anticipation. Looks like it may have put in a double bottom, I'm thinking of going long this again next week. Currently long ORCH I bought on Friday as it broke through the 20day EMA (dark pink line) Recent news with Perkin Elmer also. Dark blue is the 50 day EMA and the green line is the 200 day.