Regeneron Pharmaceuticals Message Board

To: Miljenko Zuanic who wrote (541)	7/6/2001 8:48:44 PM
From: Scott H. Davis	Read Replies (1) of 1597

MZ, REGN is now approaching oversold territory. Not serious yet, and the market sentiment is still down. May well sink more. A good till filled limit buy iin the 28-29 range has a good chance of being filled. As an example of what I referred to before as accumulation trading in a company you want to have an increasing long term long position in, using oversold and overbought really can help. Selling a position at 37 when overbought and re-buying at 29 when oversold yields 20% more shares for the portion you traded. Please forgive if I come across as preaching. You and others with a strong science background contribute so much to these threads. This is a way I can give back some insights, hopefully in a constructive format. But enough on this unless there are any questions. Scott