Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.84

+3.8%

3:59 PM EST

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To: tonyt who wrote (26933)	12/16/1998 1:59:00 PM
From: RXGOLF	Read Replies (1) of 32384

<<btw, the dow is down 65, naz down 6, yet AMZN is up $48 (19%). If I recall, this type of 'speculative' bubble is ususally what is looked to (in hindsight) as proof that a top has been reached. Good time to short??>> Yea, it is the perfect time to short! Of course,I thought the same when I did short in the 60's, again in the 80's,the 90's, and one last time at 128. Of course I covered after a few hour or days for assorted small losses and gains. The best move I made was finally going long AMZN at 129! The dumbest was selling it at 131!! :- (( As for the speculative bubble, ain't it gettin big!! Something this big might really send some folks flying when it bust ;- )). Good trading, Greg

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