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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: D.Right who wrote (1096)2/4/1998 5:01:00 PM
From: Harry Ehrlich  Read Replies (1) of 2173
 
D. Right, I bailed today at the close, selling at 5 1/8. The stock slipped slightly during the day, but sold off significantly in the last few minutes of the day. The last 10 minutes of the day is critical. While the morning action is mostly controlled by amateurs, overnight Internet orders, etc, the close is controlled by the pros.

My suspicion is that the market may want to test the recent low. If so, that will present another nice buying opportunity. Never a dull day in the market.

Harry
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