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

To: Henry Niman who wrote (19039)	4/14/1998 9:55:00 PM
From: shasta23	Read Replies (1) \| Respond to of 32384

HI Henry! NIce lists of events and although a lot of people say they are long term investors they are obviously very interested in the short term movement too, which means that the 1999 events are still beyond horizon. Technically i actually liked LGND's action today:To come back from the drop and close near high was a sign of strength. MArket probably helped too.. We'll see if we see some upward movement tomorrow instead of avoiding the downdrift. Some of my shorter term indicators have now reached oversold levels but longer term trend indicators are still pointing down without sign of bottoming. But if we can stabilize in this area that would be a good base for the next upleg if we get some good news. Stefan