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To: Perspective who wrote (63808)1/16/2003 12:13:20 PM
From: Shack  Respond to of 209892
 
What are you watching there as confirmation of that prognosis? Do you short a break of the lower TL?

Well I own puts on AMGN so I am obviously not waiting. But the hope is we get a throwover of the top line which fails. That would be confirmation enough for me. Personally I wouldn't wait for the lower line break, I would take my shot now and keep the stops tight. But that's just me.



To: Perspective who wrote (63808)1/16/2003 12:33:41 PM
From: Jerry Olson  Read Replies (2) | Respond to of 209892
 
Bobcor

the BTK broke out today on P&F..375...and broke it convincingly....thru the BRL line..

all pullbacks are buys...AMGN was awesome today as was DNA...here's what i said Sunday evening..

DNA---IN A BULLISH TRIANGLE ON P&F...MIGHT BE A GOOD OPTION TRADE AFTER EPS ON THE 15TH..PLAYS A BIG PART OF THE BBH...I LIKE THE CHART...36 THE BTL..I'LL TAKE IT..MOVES SLOW BUT JUST HAVE PATIENCE...34.70 THE SST...


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