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Biotech / Medical : Guidant (GDT)

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To: Todd King who wrote ()12/18/1996 11:51:00 PM
From: tom r. phillips  Read Replies (1) of 235
 
todd, GDT's advance today breaks descending trend-line (and with great volume).

GDT has been good to me ...and to you, too, if you've been long since august,1995. I've been buying at-the-money strike price call options (three or four months out to expiration) over the last year or so. (once the calls double in price, i sell them, or sell further-out calls to create a spread position). today's advance in the stock price was particularly pleasing because it broke through the price chart's descending trend-line (connecting peaks in may, september, and november). if the broader market or medical equip. segment holds up, gdt should be sitting pretty technically.

thanks for starting this thread.

tom phillips
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