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Biotech / Medical : TGEN - Targeted Genetics Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (139)	9/12/1998 12:11:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 557

Does your net friend have any opinion about the biotech charts of late. Obviously there has been some action in the big guys, bgen being a nice winner of late. I try to do a little of that --watching the charts. Often if the chart trends down I'll bail at a loss of 20%--or add a second "third" to continue averaging in if I'm not yet at a full position. Lately any system that I at least imagined I had seems to have broken down, I found myself hopping around and accumulating 20% losses, hehe. There is a thread here on SI for trying to catch things as they trend up--(Charts for bottom breakout), it's something to check out if you like to trade. Subject 14371 The fellow who sort of runs the thread I am sure is an honest fellow, Ed, and there is probably very little if any "pump and dump" on the thread. Of course charting and the micro-biotechs probaby do not go together--when there is an important discovery or a report of successful trials, forget about catching one as it breaks through the 13 day moving average! Before you can get your order in the stock will have opened for huge gains. I supposed one has to be in for the long haul as they say, but finding bottoms in stocks is tough. Although the recent market correction means that a lot of small cap, and especially biotech, have probably been forced down to artificial bottoms. Just a thought--time to get offline! You have a good weekend too. -MM