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Incyte Corporation Message Board

  • tjnelis tjnelis Jun 24, 2010 9:54 AM Flag

    tomorrow is russell rebalance

    we will be a lot higher in the 2000, so there be a demand for shares at the close tomorrow....we trully need it now though

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    • TJN; Thanks, you were right..INCY came out from cage early from morning...Have a good weekend...

      • 1 Reply to bonkenx
      • b,

        it was my hope that we would have had a big pop into the close, as that is when the russell re balance occurs. we did about 600,000 share in the last 5 minutes of trading and into AH and the stock did not move....

        I think today happened because we were exremely over sold......if you go to big charts and use interactive charting with ult. osc ......and almost and other charting there is to offer from the left column.....you will see what i am talking about.

        what we need now is to take out the 50dma on big volumn ...i have not looked to see what itis ,but i guess around 13.20.....if that were to happen hthere is a good chance we could hit a new 52 week high in my opinion.......lots of monkey wrenches out there though, g20, unemployment, earnings season.....

        i would proceed with caution, but if everyone is telling you to sell.......it generally means we will go up

    • is this effect reliable ? Do you see Institutional selling or retail investors running ?

 
INCY
80.90-0.43(-0.53%)9:45 AMEDT