AI
Thursday, March 30, 2006 9:55:41 PM
This is a very interesting potential short based on the strang CMF indicator. This is something that I just noticed, and would love to hear everyones input on it. A little back gound on this company first. Andrx is a pharmaceutical company that specializes in generic drugs, and is a good sized company. The 1st week of March they announced they were being bought out by another pharmaceutical. The price gapped up over $2 per share, which sounds normal, but the very interesting thing on the chart is the CMF indicator, it dropped big time, what does that mean?
Anyway I have posted all my thoughts on this weekly chart, I would love to get feed back from the board for other opinions, btw this is not a test, just trying to learn as we go.
Anyway I have posted all my thoughts on this weekly chart, I would love to get feed back from the board for other opinions, btw this is not a test, just trying to learn as we go.
WT
"Everyone has genius in them, you just need to find out what it is" Robert Kiyosaki
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