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Biotech / Medical : Cell Genesys (CEGE) -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (1103)	4/1/2001 10:14:34 AM
From: John Madarasz	Read Replies (1) \| Respond to of 1298

Bosco... I enjoyed this board while I held the stock, and traded for some nice gains. I've been watching through the pullback, and FWIW the BTK seems to be setting up into a huge trading range. I believe there is a good chance that CEGE will break the long term trendline support starting from the 98 lows at $12-$14 on the weekly chart if the BTK and Naz crack further... I think they will. Last week the weekly stick lows here bounced right off the LT trendline from the 98 lows. If and when this thing gives up that line, I just wanted to let the folks know here that there is a sweet gap at $7.438 - $8.125 from 10/18/99, and it could be a pretty quick trip to 8.50 or so as there as there is not much support until that point on the weekly. $8 is also an area of nice support on the weekly chart. I think it could make for a nice entry on a play or intermediate hold for a Nasdaq counter trend rally back to the top of the BTK trading range. I'm going to freshen up on my research here. Best to all, and good trading. JM