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

To: RXGOLF who wrote (14664)	2/11/1998 9:22:00 PM
From: tonyt	Read Replies (4) \| Respond to of 32384

So you were happy with LGND activity today? Why? On what was said to be 'very very good news', I would expect more that a 1/4 point!! (and for most of the day, LGND was only up 1/8th) I'm one of the few on this thread who saw the 40% drop coming, perhaps you should pay more attention.

To: RXGOLF who wrote (14664)	2/11/1998 9:31:00 PM
From: Henry Niman	Read Replies (2) \| Respond to of 32384

RXGOLF, If you paid attention, you would still be looking for Monday's pullback and would not have bought at the open. In fact at this time you would be sitting on the sidelines because this is the season when Biotechs begin their decline. If you paid attention, you would know that an oscillating pattern that LGND has produced over the past few years would have resulted in a correct prediction about half of the time if you always said that LGND would decline. If you were paying attention, you would have also noted that a recent prediction that LGND would turn around after bouncing off 11. In fact, if you were paying attention, you would have seen several contradictory predictions which could be selectively cited no matter what LGND did.