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To: smolejv@gmx.net who wrote (2641)	4/24/1998 5:03:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

DJ; RE:" AMGN and BTK.X " >What do you think of amgen ? yeah - I saw that, too. AMGN's got some tasty weekly candlesticks; had a little morning star last week WED-THU-FRI. The AMEX:BTK.X Index has been really weak, DJ - it's not so go-go as DRG.X at all. Here are the components, listed by their importance : AMEX:BTK.X AMGN +17% YTD CHIR + 3% BGEN +12% CNTO +15% GENZ +15% IMNX +35% GILD + 5% VRTX -15% PDLI -14% ORG +115% CORR - 7% CEPH +19% IMNR +19% LIPO - 1% CPRO +42% ...about 10 sessions ago, BTK.X stopped falling and started to go sideways. A few of 'em, CHIR, GENZ, GILD continued to atrophy; but they're around support levels now. And a couple of 'em went nuts - ORG, IMNR - on some news/drug approval, etc. AMGN hauls the freight in this sector. The BTK.X Index is at 170~175 right now. I 'invested' 3% of my capital portfolio into BTKAP, JAN99 180 LEAPS this week. VRTX has the most el toro daily candlesticks - a pair of doji hammers around just under 32; like many of these components, it exhibits a kind of double-bottom right now. But VRTX is not the srongest on the weekly charts. For options plays, I'll pick CNTO - it's at 39-3/8, just under 40 strike; has a double-bottom on the daily chart, and the weekly chart shows it at the bottom of its UpTrend channel right now. IF BTK.X moves upwards, CNTO will be in-the-money very quickly. Ask TraderBerney to run us an F/A scan on this sector, DJ. -Steve

To: smolejv@gmx.net who wrote (2641)	4/26/1998 5:42:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 11051

JD MG JT and all.. Well .. I'm going to have to head into work shortly .. and it still seems a little early to call .. but: Based on currencies (at this moment) it looks like Germany should have a good (up) day, Japan, US and England a slightly down day. Gold is not showing any urge to "run for safety" on the part of any markets. Need to see how the yen is doing later tonight .. sure would be nice to have one central item to be able to compare all of these items to. MG you say that the yen is now at the top of it's down channel .. what is the bottom of this channel right now? DJ Re think ill of me .. being a bear, a sudden inflow of yen to the US would not be a bad thing (to me). Gersh