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


To: Lyn Benson who wrote (27306)1/7/1999 11:59:00 AM
From: J Stone  Respond to of 32384
 
Lyn,

Thanks for the P&F T.A. It's nice to hear a different perspective. My homespun method looks at price movements relative to volume. Given that yesterday's breakthrough was based upon heavy volume which then came down as volume lightened, in my methodology, means that we still haven't broken through the 12 - 12.5 resistance point.

FWIW

Jeff



To: Lyn Benson who wrote (27306)1/7/1999 12:40:00 PM
From: RXGOLF  Read Replies (1) | Respond to of 32384
 
Good morning Lyn,

I just wanted to thank you for your explanation about point and figure charting, your offer for additional help,listing of help sites, and most of all your time you gave to list the above. I printed your post and will review again.

As I type, I have a real time of 12 5/16 with 118,300 shares traded. I view this as a bit bullish, as it looks like Mr. Market may be expecting approval soon. Of course, as stated here many times before, soon with the FDA may refer to the next millennium<g>.

Again, thanks,
Greg