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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: Weekapaug who wrote (521)3/23/1997 9:36:00 PM
From: billkirn   of 6136
 
Short list of troublesome indicators:
1. 52 week lows increasing
2. Many stocks starting to break their 200 day Moving averages
3 Some Large Caps being hit hard.
4. Attitudes starting to shift, and at these high levels it won't take
much to bring the market down to a more healthy level, maybe
5500 or lower.
5. I don't expect Agouron to hold up, no matter how good the
news in the next few months.
6. You might want to ride it out, but it could get pretty bloddy.

Let me know if you spot any signals that might depress the market
from your end. Keep one eye open for possible trouble.
Bill
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