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AMGN Chart

 
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arthur
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PostPosted: Wed Dec 29, 2004 6:53 pm    Post subject: AMGN Chart Reply with quote
I believe, AMGN pulled-back recently just because it was on the cover of Forbes magazine (which is normally a sell signal). However, AMGN is a top quality biotech and may be undervalued. AMGN may be a long-term buy, or a short-term trade with calls, at the 10 or 20 day MAs (BBH puts may hedge AMGN calls at current prices).

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