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

To: Henry Niman who wrote (16997)	3/9/1998 9:43:00 PM
From: bob zagorin	Read Replies (3) \| Respond to of 32384

Henry, please don't sentence me to hang out with Tony & Co. but I noticed that the TC2000 BOP indicator for LGND showed a sharp drop into the yellow today. It has been solid maximum green since the current advance started in Feb. It's also the first decline into the yellow since the slump in the fall. Sometimes this indicator will misfire for a day or two but it is generally very accurate in terms of identifying underlying buying or selling. And usually bears watching when it shows a divergence such as a falling BOP in the face of rising price. I'll keep watch on it the next couple days. PS. it is always a secondary indicator as news will change it rather than he other way around so an NDA etc. could make today's action irrelevant.