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


To: Connor26 who wrote (2044)1/25/2001 11:12:26 PM
From: Susan G  Respond to of 5732
 
CEGE I owned that one for a long time, months - it used to move with ABGX back during the first bio run. Just about a year ago I traded it often and held it long. But then it crashed and never regained momentum. Burned out it seems. I'd want to see it gain some real momentum before I traded it again. Often wondered why it didn't do better with its earnings and bunch of cash. Same thing with glgc and absc - saw a glimmer of momentum the past few weeks, but not enough yet. The BTK.X looks like its about to roll over too.

A few weeks ago when I posted that list of smaller it was great bottom fishing, but now they are rolling over again, after a fast move up, but most are still in a downtrend.

I like the bigger, volatile ones that move, getting in and out and not really holding any bios long right now. It just doesn't last, they are all bear flag rallies. I may soon though, once I start seeing them breaking the 200 day MAs and holding. HGSI and PDLI are starting to make higher lows...



To: Connor26 who wrote (2044)1/25/2001 11:30:13 PM
From: Susan G  Respond to of 5732
 
CRA, that is one I would consider long. I was hoping it would sell off this morning after earnings and it never did. There is supposed to be genome news coming out in February that will start moving this stock soon, all though it will probably be another sell on the news, as everyone knows it's coming...so that's why I'm considering it now!

It is above the 20, and just broke the 50 EMA on the daily this week. Looks like it put in a double bottom.