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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (5573)	2/28/2005 2:43:20 PM
From: MJ	Read Replies (1) of 8752

They sure did take a big hit on this. This is a prime example of how difficult it is to "hold" a stock in the biotechs/pharmac. area. Elan went from around 27 to where it is now 8.00 plus a few cents in three days. Terry, would the chart of Elan have predicted this slide a week ago or several weeks ago? I ask the question so that a charting lesson can be learned if there is one to learn here. mj

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