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 Gold Customer
Joined: 4/10/2006
Posts: 954
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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."
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Registered User
Joined: 2/7/2006
Posts: 218
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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...
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Registered User
Joined: 12/8/2004
Posts: 1,301
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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.
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Registered User
Joined: 1/13/2005
Posts: 12
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Based on the ARIA vs LLY case today I would be careful with AMGN
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