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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.18-1.4%Nov 28 9:30 AM EST

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To: bob zagorin who wrote (28370)2/22/1999 10:27:00 PM
From: Machaon  Read Replies (2) of 32384
 
<< BOP continues solid green but all momentum indicators followed the price down. >>

I was wondering what the BOP would say. If you look at the Intraday chart, the volume does not chase the price down. The stock drops first, and then the volume kicks in. The way I figure, which is usually wrong, we need one more movement down, with significant volume kicking in at the low, before we turn back up.

Re: CTSL-- Good article except for:

======> "one of which is Targretin, just approved in gel form for Kaposi's sarcoma."

It's coming, but it ain't here yet.

Regards, Bob
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