MY PICK IS ELN

[skiracer]

up 50 cents today

King,
You're beginning to make a believer out of me. Kicking myself for not putting a few thousand into it much earlier just for the hell of it. I done much worse things. Good luck with it. Hope it goes to $30 for you just for remaining steadfast in your beliefs.

[kingofthehill]

Thanks for the kinds words the MS patients will be the only ones happier than me .. and rightly so.........

[Websman]

What? Up $1.18 today? Looks like it's starting to happen.

[spikefader]

What? Up $1.18 today? Looks like it's starting to happen.

Yep! THIS is bullish action. This is the type of action that speaks volumes to me. It's 'booming' through channels now; a clear sign it wants higher. That's the type of action that will turn a bear into a bull. It's looking impulsive, and it's very early days for it. Daily money flow is just budding. Still plenty of time for bulls to stalk this one. Wouldn't a big gap fill be nice for the King and Co.

[Websman]

Yep! THIS is bullish action. This is the type of action that speaks volumes to me. It's 'booming' through channels now; a clear sign it wants higher. That's the type of action that will turn a bear into a bull. It's looking impulsive, and it's very early days for it. Daily money flow is just budding. Still plenty of time for bulls to stalk this one. Wouldn't a big gap fill be nice for the King and Co.

Looks like a repeat of last year, when SIRI did the same thing for me.

[sisterwin2]

I bought in at 10.70... Hopeing that the Ms drug get out to the patients...

I have been branded with Ms now 5 yrs.. doing very well with just taking steriods. As soon as I got the final dx in 2000 I left 2001 for a dream trip to cruise the Caribbean for a few yrs. I did that now I'm back to work in a lower stress job and not so physical. I am putting my money where I want the results. I know I should never get emotional on my picks but this time I am going to. Only had 500$ extra bucks but I am in. If I loose the 500 I may loose much more. Good luck to all.

[kingofthehill]

really see a Doc that understands Tysabri a top Southeastern USA Nero told me nearly all of his 4,0000 patients will be on Tysabri within 18 months of its re approval.

Tysabri reverses the lesions and is better taken in early stages than latter stage

[sisterwin2]

really see a Doc that understands Tysabri a top Southeastern USA Nero told me nearly all of his 4,0000 patients will be on Tysabri within 18 months of its re approval.

Tysabri reverses the lesions and is better taken in early stages than latter stage

Yes.... my neruo doc wants to wait for the drug. I am not sure how abreast he is with the drug but has mentioned it to me the last two visits.

I was on ( the name exscapes me) the injection weekly but so many side effects and my white count skyrocketed. He has hopes for Tysabri with me.

In the mean time I hope I make some money with the company.

Dena

[Websman]

Spike, I'm thiking that $23 - 25 would be good price target for ELN. Would you agree or disagree. Thankyou for your help oh wise one.

P.S. If my post is a lttle noisy, it's because I'm posting this from a basketball game at the local high school. Hey, they scored again!!!

[spikefader]

Spike, I'm thiking that $23 - 25 would be good price target for ELN. Would you agree or disagree.

That's a pretty good target. I'm just playin' with a pretty optimistic count in the chart below. I think it won't be that simple, but ya never know!

I think you'll have to be patient for gap fill and endure impulse corrections on the way up. 16.45 will likely resist well. I think we're in a weekly 3rd as well, so expect maybe 15.00 first, then correction back to 12.50ish, then 5th to 16.50ish, then that area is the weekly channel area that will resistant hard while it does corrective waves and decides whether the 'c' gets bought or it meanders around in corrective waves while more strength builds for a base to push to gap fill. The big question is it going to be an impulsive fill or a frustrating slow one. But it's lookin' great here.

Long-term, who knows......maybe in 5-10 years it'll be at 70.00.

[kingofthehill]

a great article on Tysabri

http://www.marketocracy.com/media/pdf/marketscope/CurrentMarketscope.pdf

[kingofthehill]

spike what did you think about the trading today ??????/

[spikefader]

spike what did you think about the trading today ??????/

Beautiful price action! Probably was the 4 corrective wave and now the start of the 5th up to 16.45 price resistance from back in Aug 04. Minor channel long with confirming intraday inverted SHS and neckline break entry at 12.04. Stop tucked under lod for very nice r/r setup. Regret not watching it closer. Look for the 5th up dude!

[kingofthehill]

update please spike ................huge volume today

[Websman]

Oh look, I made some more money today...