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


To: Walkingshadow who wrote (5390)2/26/2005 1:04:23 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Terry,

The Biotech index is set to make a momentum move on Monday and some follow through over the next few sessions. The conversation about the biotech stocks today made me look at the MVB.X.

139.142.147.218

MACD is just at explosion status.

Reid



To: Walkingshadow who wrote (5390)2/26/2005 1:15:05 PM
From: Jill  Read Replies (1) | Respond to of 8752
 
I know, Terry, in general you are right but sometimes the story is real. We are on the verge of a whole new wave in medicine, in the next 5-20 years. Drugs as we know them will be replaced with gene therapy, rna silencing therapy, nanotechnology. THey're already using buckyballs in cancer treatment at Rice and other places. So, I think it's worth doing some DD and in this case, not worrying as much about what the street thinks as talking to the companies and their scientists and deciding what the potential is...just imho.