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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM) -- Ignore unavailable to you. Want to Upgrade?


To: mike head who wrote (282)2/23/1999 4:14:00 PM
From: LLCF  Read Replies (1) | Respond to of 3044
 
<DAK. ...and the Street apparently hated it!>

Not to glock up the thread with trade chatter... but I've noticed several bios that were trending down coming out with decent announcements and reco's that don't stem the down tide but then they turn around a week later and rally "for no reason"... It looks to me that who ever is selling just keeps doing it till they're done (mindlessly). I picked up my first position today @ 28 5/8... the stock is WAY oversold IMO for those who like it anyway (never a reason in itself to buy a stock). I'm not a big chartist, but I DO watch one: the "RSI" (relative strength index) for entering and exiting (or selling calls) postions.

DAK