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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: scoobypax who wrote (72870)7/25/2001 12:38:26 PM
From: tuck  Read Replies (1) | Respond to of 122087
 
Jane and Indago,

This is more like it. I've heard of NTUN, but don't follow it. Interesting chart, eh?

siliconinvestor.com

Based on it, I'd short at $5.5, looking for low $4s.

Since I whined about the lack of picks, I'd better throw in my own. Looking at EMIS, going (with Lilly) before the FDA ("Just say no to drugs") this week with Forteo for osteoporosis. Thinking of buying a straddle that is biased to the downside, but still trying to estimate approval chances. I'll update if I can find anything out on that score. If I can't get informed and it gets approved, shorting the run-up would also be worth a look as volume lightens. Edit: thinking a similar strategy would be even more effective with AVIR.

Kicking myself for not shorting AMLN yesterday. C'est larvae.

Cheers, Tuck