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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: Steve Fancy who wrote (2510)11/2/1997 2:13:00 AM
From: billkirn  Read Replies (1) of 6136
 
Hate to be Mr short term gloom, but:
Moving average sonic.net and my favorite prediction tool sonic.net have both broken down. My guess is that AGPH will trend down for awhile. Very sad, since I bought a bunch of options in anticipation of a fast move to 70. Such is life. Looking at the present double bottom at around 44, I would expect this to hold, but if not, I think 39 could be seen again and maybe 32. Some big news event could change the direction, but for now I don't expect a short term move higher.
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