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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (13633)4/30/1999 9:22:00 AM
From: Jay Lyons  Read Replies (2) of 43080
 
EDIT

>>personally I will be following MRK and/or AMGN today for entry (whichever shows most strength)... although I do not know how to enter on gapping stocks if this one does.<<

Sue,

I'll be around this morning, and will gap these two for you. Not that I know squat about chart reading, but MRK looks to me like it has better support here. AMGN could easily revisit 60 before trying to reverse. Also, if the bios continue to slide short term, IMNX has further to fall, and could represent the better value if you catch the bottom.

Jay
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