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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (1335)	7/29/2005 12:26:27 PM
From: Jibacoa	Read Replies (1) \| Respond to of 3722

I still don't fully understand the Sperandeo thing but it could be one of those too ? Ray, As I mentioned before, I have heard of Vic Sperandeo, but never heard of the "Sprandeo Formation" I try to keep things simple if I can, and will leave those complex subjects for people like you who have more time and inclination to study them. Think it has more Gas left in it? Where would be a good entry point if so? STAA opened with two good upticks and still had one at 10.23AM of 49.600 from 5.24 to 5.30 The nearest support is at 5.10 and nearest resistance at 5.20 It has to dip below 4.94 in order to start closing some of today's upgap. I think it is still too early to pick a good entry at this time. It probably be somewhere around the 4.30 to 4.60 level if it decides to close some of today's gap. or above today's H of 5.74 if it decides to continue the upmove. At this time the balance is more inclined to the downward trend.<g> Bernard