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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 677.56

-2.0%

Jan 20 4:00 PM EST

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To: Clint E. who wrote ()	7/23/1998 4:55:00 PM
From: Tiley	Read Replies (1) of 69905

Hi Clint, No I'm still holding AMGN. I was out for lunch when it ran towards 80 (high was 79 3/8) but I'm sure it will revisit it since the valuation is still cheap (compared to other pharmas) and the pipeline is better than people think. The market is due for a bounce now anyway. SAVLY shows no signs of bouncing. Its heading for the next support level(between 23 and 25), it might be worth a play for a bounce in that area. How're you treating this selloff? Later, - MJ

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