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Re: zerofinance post# 237838

Thursday, 04/29/2004 11:13:13 PM

Thursday, April 29, 2004 11:13:13 PM

Post# of 704044
WM the stop was $40, there is not much downside risk because of the rich dividend, but the sector is under pressure, fear of rates. If it breaks the years low at $36.88 or so, it will probably indicate a longer term hibernation. I would use an excursion to just above $40 to get out of that one (I am already out myself).

AMGN is weakening, but since I think that the BTK will lead the next charge, I would stay in it (I own it myself), I expect a run to $62, maybe more. A close under $56.25 is a "get out" sign.

BLTI is getting dangerous, a close under $13.75 is bad there as well, I own it as well and it has become a candidate for getting out on the next bounce.

BSTE and COO are solid for now with stops at $34.95 and $49.50 respectively.

AZH

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