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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: Torben Noerup Nielsen who wrote (30104)	1/10/2000 10:51:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 32384

well FWIW, LGND's whole move from 9.5 to 14 was not confirmed by positive BOP. there was actually selling pressure as the stock moved up. only in the last couple days has BOP turned positive and the moneystream crossed over to lead the price. normally, i would say this is a clear buying signal but LGND has had several up and down moves that contradicted those indicators. maybe it has decided to behave now:)