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gfp927z

07/29/08 4:45 PM

#19198 RE: jerrydylan #19197

Jerry, The International Forecaster guy (Chapman) said that with the big real estate / CDO / derivative profit generating areas gone, Wall St firms and hedge funds then jumped into energy and food related plays to make up for the lost profits, and are quickly whipsawing back and forth from sector to sector, long then short then back again, to try and make up for the lost profits. I've given up trying to trade any of this stuff since moves don't last more than a day or two, and then suddenly reverse. Biotech has actually been an area of relative stability lately.





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jerrydylan

07/29/08 5:03 PM

#19199 RE: jerrydylan #19197

http://stockcharts.com/h-sc/ui?s=COR&p=D&b=5&g=0&id=p38841039809 good money flow and the 200 day MA has begun to turn up.....otherwise meaningless. Basically a meaningless day....I wonder when we get a high impact into the clinic if we can get some buzz like the MAB from ELN/WYE---WOULDN'T THAT BE NICE?