Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

AMGN GENZ DNA Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
wwrightjuly4
Posted : Thursday, May 4, 2006 4:30:24 PM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954
These are really winding up. (to the down side) But will they spring forward?

I have lost and lost trying to pick the bottom on these...but the upside is so dramatic....expect I will fall asleep to wake to these making new highs....


"patience j.a., patience."
akqj10
Posted : Thursday, May 4, 2006 4:36:48 PM
Registered User
Joined: 2/7/2006
Posts: 218
they are going to lull you into loosing money...AMGN is the only one i would consider and that at about 64.5, knives are not fun to try to catch...
HaveNoCents
Posted : Thursday, May 4, 2006 5:17:28 PM
Registered User
Joined: 12/8/2004
Posts: 1,301
I can't get a good reading from MT Predictor on these stocks from a weekly or a daily basis. The charts for genz and dna are so simlar its amazing. They definitely move in lock step.

I show AMGN could be making an upward wave 4 move which is a move that is not very dependable, and then you still have a wave 5 downtrend to go through, but the wave 4 target is 68.80 to 70.72. Once it gets into that range (and that may take some time because the wave 2 uptrend was pretty straight forward which means the wave 4 will be up and down) the stock will probably drop to the 60 dollar area.
Bill J
Posted : Thursday, May 4, 2006 11:21:11 PM
Registered User
Joined: 1/13/2005
Posts: 12
Based on the ARIA vs LLY case today I would be careful with AMGN
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.