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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Al Serrao who wrote (1658)3/11/1998 1:37:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 34816
 
Al first of all Bio techs are hard to trade, yes...but how about medical devices, GDT-AVEI-MDT etc, how about drugs???? take a lok at all the drugs, not just MRK-LLY-PFE, there are many others that lok attractive too...

Hell i'm making a bundle on IMNX, but that was a tip...the chart looked like sh***....ask Janie<g>...

Get the stocks in those good sectors and start to evaluate what loks good...Hey i bought ICN, thats a drug??? ever hear of it??? it just broke out...



To: Al Serrao who wrote (1658)3/11/1998 1:46:00 PM
From: Ms. X  Read Replies (3) | Respond to of 34816
 
Hi Al,
I put it through the blender and here are the stocks in the biotech sector that look technically good. Someone will have to kick the tires on them as it were.

LTEK (like this one the best) nice uptrend RS +/+ Momentum positive support at 30
MAM need to get on pullback to 21/22 RS-/+ Momentum positive.
AGPH broke bearish resistance recently RS -/+ Room to run. Momentum positive
MLNM Good pullback at support RS-/+ Stop of 17.5 Momentum positive
VRTX Good pullback at support RS -/+ Stop of 31 Momentum positive.

Hope this can get the ball rolling...