Archive for March, 2009
Monthly Archive
Thursday, March 19th, 2009
Bio-Tech?
Only four equities showed up on our bearish scanner, and two of the equities were in the field of Biotechnology. Amgen Inc. and Gilead Sciences Inc. have both exhibited price action pointing towards waning interest.
They produce the following charts:
GILD is a more favorable play for us, as it appears to have more solid support a [...]
No Comments » - Posted in Charts, Opinions, Scans by wdevauld
Sunday, March 8th, 2009
The world still appears bearish
Our Freeport position we wondered about, and eventually jumped into, has been profitable so far. We’ve adjusted our stops to a hair below $32 so at the very least we can come out profitable. There is a lot of volume in the $40-$45, which is where we are looking to get out. The final rule [...]
