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Myriad Genetics Inc. Message Board

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  • netprophecy2 netprophecy2 Oct 19, 2000 6:57 PM Flag

    get ready to start shopping for

    reading comprhension section of the sat was tough
    huh? i said they must announce DRUGS. what did they do
    the past month? they announced drugs. celera has not
    and look at celera. so i was right.

    for last
    week i said::. "i will say again - look for healthy
    chip and chip equipment stocks. look at
    micorelectronics and component makers. just my

    number 1 sector today was???? the chips. last rally day?
    the chips. i do not see that much upside in the
    biotechs now frankly. i think we need to see a
    consolidation of mygn over 100 as a breakout is looking less
    likely with strong techs. look at hgsi

    consolidating gains is going to be the key for mygn now. if it
    can hold over 100 for a time it can break out with
    powerful news. hopefully i am wrong about this. i think
    the weakness in the drugs today means a rotation of
    money is taking place.

    the nice part is the
    support has risen to 83 and 78 and 58 which bodes well
    for the longer term. if funds are looking to buy in
    then the price should have good support.

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