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Strategies & Market Trends : Galapagos Islands

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To: X Y Zebra who wrote (27988)2/20/2003 2:35:48 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
AMGN looks like an ascending wedge. It has looked like an ascending wedge for a long time.

I wouldn't buy it, but I wouldn't short it. It should have broken down long ago, now I am thinking that it will wedge up into infinity.
:-)
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