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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (42420)6/18/2003 8:53:42 PM
From: J.B.C.  Read Replies (1) | Respond to of 57110
 
By far weakest internals I've seen which means we're headed for 1800 NAZ -g-.

Jim

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The NYSE saw 135 issues rising on their charts and 50 falling. There were 5 new buy signals given and 4 new sell signals given
for a net gain of 1. There were 18 Upward Reversals and 29 Downward.

Nasdaq saw 238 issues rising on their charts and 115 falling. There were 16 new buy signals given and 11 new sell signals
given for a net gain of 5. There were 66 Upward Reversals and 69 Downward.

Optionable Stocks saw 181 issues rising on their charts and 95 falling. There were 5 new buy signals given and 10 new sell
signals given for a net loss of 5. There were 43 Upward Reversals and 55 Downward.



To: Jorj X Mckie who wrote (42420)6/18/2003 10:03:19 PM
From: orkrious  Respond to of 57110
 
I think it is pretty significant

I wonder if this could get the bios rocking tomorrow?

thestreet.com


Adam Feuerstein

Genentech bull call coming tomorrow
6/18/03 05:13 PM ET

Tomorrow morning, UBS biotech analyst Meirav Chovav will issue a 60-page report on Genentech (DNA-NYSE) and its cancer drug Avastin, in which she will make the case for the drug being a $10 BILLION opportunity. Yes, $10 Billion!!

The title of the report is "Avastin -- How Big is Bigger?"

Chovav was one of the few sell-side analysts to call correctly the Avastin colon cancer trial. Since then, she's put a $100 price target on Genentech. She is the big Genentech bull.

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