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Re: KovuLK post# 21882

Sunday, 02/26/2006 10:41:21 PM

Sunday, February 26, 2006 10:41:21 PM

Post# of 79026
BIOTECH 6YR resistance break out on the Monthly

Biotech is going to close this month out above 80. It has been a major 6 year support/resistance. I took a look at Profund's BIPIX, but it doesn't quite match the IBB index.







Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.

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