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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (1043)2/24/1998 9:02:00 AM
From: wizzards wine  Read Replies (2) of 34816
 
Jan and All, This morning CNBC mentioned that The Right Line Split Report had suggested that MRK was a split candidate. Rumors are flying. Added to this SmithKline Beecham announced that they have broken off merger talks with Glaxo Wellcome GLX. GLX off 2 1/2 after close on news.
Watch today as it was this good merger news that got this sector rallying. No merger and who knows. Have your stops in place just in case.

Good Luck

Preston
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