Biotech Still Worth Watching

  • June 11, 2001
  • Dave Landry

Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating), mentioned recently
(see archives), appears to be breaking down out of a big picture topping
formation. Continue
to look for buying opportunities in puts and put spreads here.

Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating),
mentioned recently, continues to correct. Continue to look for buying opportunities in calls and call spreads here but wait for
signs of a reversal.

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Broker/dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating)
appears to be breaking down. For the nimble, look for buying opportunities in
puts and put spreads here.

Best of
luck with your trading on Tuesday!

P.S. Reminder:
Protective stops on every trade!

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