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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: hotlinktuna who wrote (18575)	1/4/2002 2:38:11 PM
From: Dave Gore	Read Replies (3) \| Respond to of 99280

BIOTECH BOUNCE EXPLAINED - Rumor that major firm will upgrade it on Monday. I suggested a bounce was likely an hour ago and here is confirmation. This is at the heart of my trading philosophy on the thread. When a quality sector or company's stock drops toward support and holds, it offers the best REWARD to RISK you can ask for. 14:23 ET Biotech Bounce : Biotech sector (BTK +0.65%) turns positive. Hearing that behind the intraday recovery is a rumor that an analyst at a tier 1 firm is going to issue positive comments on the group Monday.