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


To: bob zagorin who wrote (24111)8/6/1998 9:55:00 PM
From: Machaon  Read Replies (1) | Respond to of 32384
 
<< hate to report but LGND BOP is the worst i've seen in long time, down in the red with MS going down too. must be time to buy:> >>

All these months LGND had a great BOP, while sinking down from $16 to $10. Now we get a lousy BOP. It's the curse of the BOP!

What else can we think? If you use the BOP as a contrarian indicator, LGND should be up tomorrow! ( : > }==

Regards, Bob



To: bob zagorin who wrote (24111)8/7/1998 8:03:00 AM
From: tonyt  Read Replies (1) | Respond to of 32384
 
<hate to report but LGND BOP is the worst i've seen in long time, down in the red with MS going down too. must be time to buy:>

Please explain why "Balance of Power" calls this is a buy signal. Vol has been above avg, so the bop should be reliable.

Calling this a buy signal from "Balance of Power" would appear to be contadictory. Would it be fair to say that if the bop gets back into the green that its time to sell?

Please elaborate. There are many readers on this thread, and one may actually be using your indicator.

Thanks,
--Tony