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Wednesday, August 16, 2000: Nasdaq
is still trying to hang on (barely), but in the
meantime, several sectors have been getting hit.
Biotech, probably the hardest hit so far, looks
like it will be one of the first sectors to turn
up when the down move approaches finality.
Thursday, August 10 - Monday, August 14,
2000: Biotechs are still split,
although the broader averages should continue to
drift down at a moderate pace.
Wednesday, August 9, 2000: Similar
to the overall markets, which have been giving
more and more bearish signals of late without
actually giving us a sell, biotech sell is still
not (according to criteria) here yet, though the
signals are getting stronger and there is
limited upside remaining in their near term
trading range.
Monday, August 7, 2000: Upcoming,
strong bearish signals on biotech index, dna
(old school biotech), and hgsi (new school) are
telling us that the biotech rally may be turning
down soon.
Friday, August 4, 2000: Among
biotechs, we got strong bearish signals on the
biotech index we track, but it does not look
like that will be turning around yet.
· November
2000
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2000
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September
2000
·
August
2000
·
July
2000
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