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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: MJ who wrote (2340)11/29/2004 7:29:16 PM
From: Walkingshadow  Respond to of 8752
 
RNAI is low volume, so the technicals can be unreliable and should be taken with a big grain of salt. I think the reasons you cite are among the ones that make RNAI a good potential trade.

Still, I wish I had bought ALNY instead..... that's a better choice in my view.

STEM really exploded today.... up about 23% in the regular session, now it has tacked on another 5% in afterhours.

The technicals on that one look something like GTW, maybe better. So I think STEM has some open field in front of it. So I'll probably set a rather leisurely stop on that one, given the intraday volatility and the fact that STEM does not have the same solid support just below that GTW has.

T