Welcome to the Trader-X blog!

> TRADEthemove.com - my thoughts
> meditationSHIFT (formerly "tad")- just say "om"

Wednesday, June 21, 2006

TEVA - 062106; 15-minute chart

posted by Tom C:

I discussed TEVA in my earlier post, and in the comments of that post. It turned out to be a great trade.



__________
Tags:
, , , ,

5 comments:

Anonymous said...

Great trade. I love the blog. Very informative!

John Wheatcroft said...

TEVA might be a good trade on the other side today. Watch it early for a move up/bounce/rebound.

Only play if the set-up is right.

Anonymous said...

Interested as to why you think that, John. Thanks.

TJ

John Wheatcroft said...

Just a thought - turns out to be false. The only reason TEVA is down is because Merck is cutting its own throat and pricing Zocor below the TEVA generic which is just now coming on the market. Merck will lose this war eventually and TEVA will be a good trade. I'd keep it on my watch list.

Of course Mr. Market has to be in a good mood too.

Anonymous said...

Thanks John. I was curious as to the reasons. Good luck today!

TJ