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Biotech / Medical : Amgen Inc. (AMGN) -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (430)1/9/1998 6:27:00 PM
From: fred woodall  Respond to of 1906
 
Shorting AMGN
I must say you guys really do your homework. Fundamentals, (with a few exceptions) certainly entertain the idea of shorting AMGN along with technical indicators claiming the party's over with a favorable market in place for execution. 36-42



To: Jacob Snyder who wrote (430)1/9/1998 7:38:00 PM
From: D. Stamp  Read Replies (2) | Respond to of 1906
 
Jacob,
You are reading the chart very similar to myself.
I am waiting for a break of 55 to the upside to confirm the long position. If the stock breaks down below 52 I will be selling the stock with potential to short also.
As of today I still see the possible move to 55 which if on decent volume would be a positive development.
Good Luck.. time will tell.
Don


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