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

To: Machaon who wrote (24114)	8/6/1998 10:22:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 32384

that's not accurate bob. it's hard to visualize this without seeing the program on screen but i'll try to summarize. feb - strong advance confirmed by high green BOP mar - pos. green but lower than feb. stock near highs for year april - BOP declined to neutral and recovered partially into yellow may - improving BOP reaching into strong green near end of month june - BOP fell off into yellow and fell temp. into red july - positive yellow for most part but not very strong. august - fell to low yellow and now to neg. red today. BOP is more of a confirming indicator; not necessarily a leading indicator. as i've always said, it is less accurate on low volume. it is always secondary to fundamentals. just say the word and i'll stop updating it.