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To: skinowski who wrote (126917)12/11/2005 9:21:36 PM
From: Galirayo  Read Replies (2) | Respond to of 209892
 
[AMGN] Ski .. There's a lot of Support under AMGN.

It's sitting atop a 1x1 Gann Fan or a 45* off the April Pivot Low of 56.19. It's also on 2 Horizontals [the one in Green is a Tirone] ... the 89ema .. and for those who look at Gaps .. there's Gap Support too.

stockcharts.com

It tested the Gann 1x1 three times in Oct at that 73.13 pivot low and you see the result.

Did I mention it's on an 8to10NPL pattern as well.

Looks Good to me.



To: skinowski who wrote (126917)12/11/2005 10:35:56 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 209892
 
Let's assume the probability of AMGN starting the 5th from this level ($78) is 40%.

Geez, man, why not just a cure for cancer while you're at it!

-bg-

I did an analysis, and put the money on the table, and a hard stop, and the rest is up to the ambiguities of the Collective Unconscious...

Now that...I can totally dig.