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

To: Cacaito who wrote (22584)	6/22/1998 1:37:00 AM
From: bob zagorin	Respond to of 32384

i would agree entirely with what cacaito is saying. those who have requested the worden text on BOP would see that is what they have always said. the one thing i would add again is that i have found BOP to be unreliable as an indicator on low volume days while trends estsblished on significant volume for a period of time have most often proven reliable. friday's BOP was on very low volume (45k). the rising BOP during the latter part of may was on rising and siginificant volume. even in june, the bigger volume days showed positive BOP so, for now, i'll continue to believe that the primary trend here is accumulation.