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Biotech / Medical : Ligand (LGND) Breakout!
LGND 194.79+1.3%Dec 17 3:59 PM EST

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To: Mudcat who wrote (16523)3/5/1998 8:23:00 AM
From: tonyt  Read Replies (1) of 32384
 
Seems everyone like to think that when the Giant falls, that everyone runs to the small speeculative stocks -- its ususally quite the opposite as investors think that if INTC can fall, what chance does the little stocks have? I'm not saying that this is true, but lets take a look at how the Russle 2000 does vs the NASDAQ today. Also should take a look at how the biotech index holds up.

S&P down 13 with an hour to go to the open -- better than I had expected (I was expecting a limit down 15)

--Tony
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