Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joe Smith who wrote (57457)	4/26/2002 5:24:15 PM
From: Jack T. Pearson	Respond to of 99280

It is only a triple bottom if it doesn't go lower. The FACT is the trend is down.

To: Joe Smith who wrote (57457)	4/26/2002 5:47:04 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

I have minimal exposure in the "Bio-Pharma" with IDPH (plan to double up between $50 and $51), GIVN, NSTK and POSS, I would reenter BSTE if I get the opportunity under $25, but right now not yet. I am looking at entries in DNA (OB at $31.11), TARO (OB at $18.22) BGEN (OB at $35.88) GENZ (OB at $34.77), PDII between $14 and $16 and AMGN (OB at $42.55), but frankly, if 410 is taken out on the BTK, all bets are off. That is a three years bottom and if taken out we could rapidly go to the very low 300 on BTK and these OB's will have to be lowered. I don't have that "taking out" until later this year, but the whole "schedule" this year seems to be accelerated, so we may hit 310 on the BTK before the end of June. Zeev

To: Joe Smith who wrote (57457)	4/26/2002 6:02:36 PM
From: Jeff	Respond to of 99280

i posted this chart before on the 92.00 bottom on BBH.... stockcharts.com[h,a]daclyiay[de][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14]&pref=G biotech can go lower still..... i also posted this.....the stealth head and shoulders pattern that nobody see's cause its not on all charts... BBH H&S at 134....140...129.... stockcharts.com[h,a]daclyiay[dd][pb9!b13!b20!h.02,.20!b200!b150!b50!f][vc60][iUb14!La8,17,9!Lh5,5!Le5,10,1!Li10,10!Lp14,3,3!Ll14]&pref=G so we have a huge 14-month head and shoulders on MSFT....likely means MSFT is toast till next year and that fits my 1100 nasdaq..... and we have this 6-month long H&S on biotech....would leads up to sept area where i see the high in nasdaq before the big crash.... at this early stage.....because of these two H&S patterns.... it leads me to believe biotechs will be the leading sector starting next fall as the tech wreck wipes out the last of the bubble techs to 1100-800 in early 2003..... of course gold will be in a raging bull market then also.... but then again......i could be wrong.... :-)