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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?

To: SBerglowe who wrote (7282)	9/24/1998 12:32:00 AM
From: Slugger	Respond to of 17367

<<Slugger...what is Peter Eliades' current thinking? Thanks for your comments.>> His hasn't changed his thinking: stockmarketcycles.com I find myself in a curious position: I'm concerned about the market, but I'm on margin because I find stock prices too tempting to pass up. So maybe we get a run up into October then we get hit again. XOMA's action today makes me think that may happen. I can see X running up to 3 or so then getting hit on tax loss selling to drive it back down to 2 again. A strong, quick move up from here for XOMA will be an excellent long term buy signal (see BTGC), even if we sell off in October/November, IMO.