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


To: WTDEC who wrote (17048)3/10/1998 10:58:00 AM
From: Flagrante Delictu  Read Replies (1) | Respond to of 32384
 
WTDEC, OFF TOPIC Re: Your " full boat load". It's nice to see you got the last lady in the boat before embarcation. Bernie



To: WTDEC who wrote (17048)3/11/1998 12:18:00 AM
From: HerbertOtto  Read Replies (2) | Respond to of 32384
 
Walter, Low volume advances make me feel uneasy as well, but the only time high volume is needed is when LGND pushes into new high levels - eg. over 16. If it pops up over 16 with little volume, it will probably attract those sellers, and fall back under the pressure.

On the other hand, at times low volume can be the 'wall of worry' that is needed for the advance to continue. It all will become apparent in hindsight. Ask me for an interpretation a year from now.

One little pull-back to 14 wouldn't hurt anybody. It will only last for one or two days, followed by a surging rally to 18. That would make us all feel good - don't you think?

Good luck,
Herbert

ps. If you need any more excitement, it looks as if ISIP may be starting to move. They are presenting re. cancer next week 3-16 or 3-17.

Herbert