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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (11748)4/25/2002 8:29:33 PM
From: KymarFye  Respond to of 19219
 
I updated this chart on the BTK today at noon (out here in Cali).

home.pacbell.net

In words: BTK's in big trouble, to state the obvious. The two factors which formerly gave the bios momentum - positive sentiment about drug cos. + pure speculative impetus - have fallen simultaneously, and increasingly, into disfavor over the last year or so.

But I disagree with you about their tradability - still a nice volatile group, with the individual stocks quite susceptible to good price level analysis and the like, with a long way down still to go, if the momentum holds, or, in the alternative, a long way up to bounce.



To: Square_Dealings who wrote (11748)4/25/2002 8:54:05 PM
From: KymarFye  Read Replies (1) | Respond to of 19219
 
...oops, had to update to EOD version...

... right at noon, anyway, it was perched right on 450 - at the critical low also the major uptrend line...