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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Jane4IceCream who wrote (12362)8/24/2001 10:58:45 AM
From: SusieQ1065  Respond to of 208838
 
10:23 ET Affymetrix (AFFX) 23.05 +0.68 (+3%): Biotech/genomics stocks running for the third consecutive day. Absent from the advance have been the life sciences tools stocks. While short-term fundamentals have deteriorated, extension of the genomics sector move could bring traders back to this heavily-shorted space. For a second day, AFFX is having trouble breaking through $23.05. Ability to clear resistance here would eliminate the short-term hurdle that has thus far prevented stock from participating in the sector rally.