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Strategies & Market Trends : Joe Stocks Trader Talk -- Ignore unavailable to you. Want to Upgrade?


To: Michael Young who wrote (471)3/7/2002 6:58:22 PM
From: NCKEV  Read Replies (1) | Respond to of 787
 
Mike, sorry about SEPR, is it worth taking a position in. IYHO. do you have any reasons to hold or go long at this point? by Long I mean a week to a month not 6 hrs like Joe, although that may be the way to go with it.



To: Michael Young who wrote (471)3/7/2002 7:25:10 PM
From: Robert New  Respond to of 787
 
Mike sorry to hear about SEPR....seems like daily we see one or two bios implode in a major way. For the most part I stay clear of that sector. Im fairly constructive towards the markets here over the next couple of months. Seems like there are bids just below the market on every dip down. Ive been accumulating some positions in issues on the strongest of down days and am wishing for a move to the low 1800's which would set up a nice inverse head/shoulders pattern and give me a good opportunity to add. But since many are looking for a dip down I'm not so sure we are going to get one.