MY PICK IS ELN

[Websman]

First good news, then bad, then good.... This stock is schizophrenic!!! BWAAAAAAHAHAHAAAAAAAAA!!!!


BRING IT ON BOYS!!!!!!!!!!!!

YEEEEEEEEEHAAAAAAA!!!!!!

[Websman]

First good news, then bad, then good.... This stock is schizophrenic!!! BWAAAAAAHAHAHAAAAAAAAA!!!!


BRING IT ON BOYS!!!!!!!!!!!!

YEEEEEEEEEHAAAAAAA!!!!!!

Maybe bipolar would be a more proper term for ELN...

[jiesen]

Heck yea Dude! How about getting some good insider info and then PM it to me...jejeje

Seriously though, see what kind of info you can get him to give up. Explain to him that you and a few others hoping to profit from his company.

Maybe King could think of some specific questions. King? Oh King?

We didn't discuss any insider information, but I did find out about the small Canadian biotech working with ELN on their next Alzheimer's vaccine candidate. She recommended taking a look at Transition Therapeutics (TTH.TO) while it's still under $1. The clinical data for this drug looks good enough for ELN to commit $200M to its development, and if it works, the upside for both ELN, and especially TTH will be HUGE.

I took a quick look at the TTH, and so far like very much what I'm seeing. Not only do they have the Alzheimer's drug, but several other diabetes, MS, and HCV drugs in development. I'll look more into these guys, but please read their latest report yourselves, and let me know what you think of TTH:

http://www.transitiontherapeutics.com/ir/financial_reports/3q2006.pdf

TTH hompage:

http://www.transitiontherapeutics.com/company/index.php

[Websman]

TTH.TO looks good but Ameritrade shows that it's not available for trading.

[spikefader]

It's that time again folks!

ELN about to take off imho.

Charts can be viewed at http://www.technicaltrades.net/2006/...ln-intraday-c/ and http://www.technicaltrades.net/2006/10/16/eln-bullish/

Good luck all!

[Websman]

It's that time again folks!

ELN about to take off imho.

Charts can be viewed at http://www.technicaltrades.net/2006/...ln-intraday-c/ and http://www.technicaltrades.net/2006/10/16/eln-bullish/

Good luck all!

Sounds great! I got in on Sept 14th at $15.23. My patience should pay off.

[spikefader]

Sounds great! I got in on Sept 14th at $15.23. My patience should pay off.

Just joined you at $15.60. Let's ride this gem up together! My risk is a little over 4%.


All aboard!!

[Runner]

I like the set up into support. I might risk .83 cents on it. I'll also look for entry off a 60 min chart. Nice eye Spike.

[billyjoe]

OK boys , I'll try her again. Have order in @15.51. Volume is very low today. If I get fooled again it's shame on me.

----------billyjoe

[spikefader]

I like the set up into support. I might risk .83 cents on it. I'll also look for entry off a 60 min chart. Nice eye Spike.

Thnx, and good luck, Runner. I'm broader market very bearish intraday and see high potential for some fast and volatile correctives now. Looks like Dow has put in a big 5th with subwaves 5th now. Earnings disappointments tonight will likely fuel the drop.

I'd feel a whole lot better about this ELN long if it was supported by my market bias, but ya can't have everything

I will note that I count a long-term fuzzy C at 14.33...so failure of that support will be very bearish for ELN. Here's a fuzzy count from earlier in the year that shows the pink fuzzy C at 12.00ish, which is also important support naturally. I'm about to redo the count now to highlight that $14.33 zone.

[riverbabe]

I also like the TA setup here. The short term catalyst for breakout should be the earnings report before the bell on 10/25 with a great earnings projection due to TYSABRI sales in Canada?

I'm joining you today for the ride up!

[Runner]

Great job on your charting Spike. I took 1/2 position and I'll give it 1R.85. Oh WMT finally violated that tough 48.00 area but we shall see.

[spikefader]

Great job on your charting Spike. I took 1/2 position and I'll give it 1R.85. Oh WMT finally violated that tough 48.00 area but we shall see.

Thanks.

WMT; yer HUUGE! hehe

You've got the neckline break I see

Nice trade that's actin' right! May she drop to that $42.00 to $40.00 support area in a jiffy!

[Runner]

Spike, I was even thinking WMT might offer another entry on a rejected retest around 48.00.

[dmk112]

Spike, I was even thinking WMT might offer another entry on a rejected retest around 48.00.

When do they report?