Biogen Message Board - Msg: 6958282

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Biotech / Medical : Biogen

BIIB 176.78

+0.3%

2:19 PM EST

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To: SFW who wrote (797)	12/24/1998 1:13:00 AM
From: PuddleGlum	Read Replies (2) of 1686

AJ- P&F won't give a buy signal until $88 at this point. Of course, the stock could back and fill and generate a buy at a lower level. Violation of the bullish support line is a real no-no. A drop to 69 or lower would be a sell signal, so my entry at 78 1/2 today wasn't particularly astute. It may work out well, but it wasn't a move with the odds greatly in my favor. On the other hand, I am pounding the table on the biotech sector, so I am optimistic about this company. pg

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