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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?


To: billy d who wrote (1897)3/3/1999 7:58:00 PM
From: M. Ramle  Read Replies (1) | Respond to of 10280
 
Billy D:

Today's closing on above-average volume was very encouraging (although the gain at one point looked very suspicious !!!!). My Technical Indicators seem to like today's price movement and clearly point to a near-term target of around $152-155 (assuming the overall market does NOT tank !!!!).

Having said that, I would still want to wait until tomorrow for confirmation to see if there is a follow-through on the up-side. I would like to see a slight drop at the opening tomorrow towards the $127 range and then a bounce from there to take out the $129 7/8 before I would add to my position. I was fortunate enough to buy some more on the recent dips below $118.

I will post again tomorrow right after the opening. Good Luck.

Mazen