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Non-Tech : Paired Trades and Hedging Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (41)12/3/2004 8:04:29 PM
From: Robohogs  Read Replies (1) | Respond to of 136
 
Speaking of which and coming back on topic (a miracle for me), what is your vision of the AMD/INTC and BIIB/ELN trades? Tough day for the former (within a great month or two) and tough week for the latter. I knew in my heart that ELN had already moved too far and would likely correct but I convinced myself Tysabri would do $4-5 B some day and ELN would get $2-2.5 B of that for a $16-20 B value and so the stock might move to $35 now. I think I am just crazy. But the BIIB/ELN widening was interesting.

Jon