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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.54+3.2%Jan 9 9:30 AM EST

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To: Vector1 who wrote (3494)6/11/1997 1:00:00 AM
From: Webhead   of 32384
 
Another excellent LGND day. If this keeps up we'll be able to leave peanut butter behind and move on to tuna salad (chunk light, still not solid white time yet...). I counted 7 large blocks of 10-15K go through today and another 5 between 5-10K so we're getting nibbles from the bigger fish. I think that most of these were buys but it's a bit hard to tell on my screen. Though we busted out of the upper Bolliner bands 7 days ago and continue to climb, the relative strength remains good but not too hot so we don't seem to be running into an oversold condition. For those who care the Directional Movement Indicator shows a strong bull run in progress (duh!) so I am hanging on tight and hoping that the Leptin announcement comes after we've consolidated in the 15-16 range to propell us up into turkey croissant territory.

Ed
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