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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (8496)	6/20/2005 5:11:09 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 19256

No trades today, the MYGN position is trending up now--not nearly as much volume today as I'd have guessed, but heading the right direction. I was briefly a buck in the money at $16.2, but there seems not to be enough froth in the stock to justify trading out of it for just the buck. In total, up ~3% for the day including after hours trading. That puts me up 5% which is enough cushion between it and my imaginary stop loss that I can probably not check it more than a few times a day for the next several days. I think it should be a keeper for at least a few days, perhaps a few weeks. The poor design of the P3 trial of their drug suggests to me at least a little whiff of working with bankers and fund managers to keep the shares artificially depressed. Or the spring compressed...however you wish to view the shenanigans of Wall Street and their bitches.