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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Bwe who wrote (3277)6/1/1998 11:57:00 AM
From: Lyn Benson  Read Replies (1) | Respond to of 34811
 
Jan - would it be possible to revisit LGND? There was a review of it on this board some months ago... My recent view of the stock was that it was in an upward trend, but, not trusting my efforts, I would appreciate if you could look at it again. Thanks so much!



To: Bwe who wrote (3277)6/1/1998 9:35:00 PM
From: Ms. X  Respond to of 34811
 
Hi Bruce,
CA has been doing very well indeed but I'm sure you have seen that it broke the BSL today. Good support down to 42/45 but after that it gets a little hairy.
Reading your post, I see you have a stop at 50. With this big of a drop down, I would hope it would retrace up for a more agreeable exit point, but that is gambling in a way.
Did you see the big boys LU and CSCO gave sell signals today?
I didn't get to watch the market that much but scanning the reports tonight, our lovely indicators are still heading down.

Take care, mind those stops, eat your vegetables, be a nice person and all that stuff...
Oh, and don't poke your eye out!

Jan I am