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


To: JMarcus who wrote (1662)4/6/2006 11:57:28 AM
From: Jibacoa  Respond to of 3722
 
Marc,

The IBB is on a nearterm downtrend coming from its Feb.27 H at 85.70 On that day it had a small upgap & volume was 1,840,300

bigcharts.marketwatch.com

The "support" stands at 77 & today it had a good dip, presently trading at 79.59 with volume of 1,193,600 which is higher than M's & Tu's but below the 2,007,100 traded on Apr.3

The Jan.23 L was 77.83 & the Dec.20 L 74.81

However, the H on Feb.27 was higher than its April 2004 of 85 & its March 2002 H of 82.74

On a close above 86 it could get to test the Jan.2002 at 92.30 <g>

bigcharts.marketwatch.com

The NAV on March 2006 was 82.27 vs. 63.86 in 2005

RAGL

Bernard



To: JMarcus who wrote (1662)4/6/2006 12:16:20 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
O.T.

I've had to start liquidating some biotech holdings in order to get ready to pay taxes.

Yes,as I mentioned in another thread,April 15 is a date of which many people are not fond of.<g>

Message 22320941

That's one of the reasons that I have been trying to do most of my trading on NTAs.<g>

Bernard