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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: John O'Neill who wrote (13712)1/25/1998 12:53:00 AM
From: Proton  Respond to of 32384
 
Re: Time Horizons

These day to day fluctuations shouldn't be taken too seriously.

I feel as if I've been here, before. :-)

As I said in a previous post, I don't necessarily trade the small moves on which I comment. It is interesting, though, to see how often they provide insights into subsequent market action.

In addition to traders, people looking to get into LGND for the long haul may do well to use technical indicators as good entry points. I'd rather be in at 11.5 than 15.5. :-O

LGND is interesting to me because it has been such a good trading vehicle over the past two years. Up 70%, down 45%. Up 105%, down 39%.

MSFT had numerious 20-25% corrections in the last 13 yrs.

"I knew Mr. Softee. Mr. Softee was a good friend of mine. LGND is no Mr. Softee." :-)

As I've said several times, one must follow one's own investment philosophy. I am just trying to provide another perspective on things. Ignore it if you wish.