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ABBOTT LABORATORIES T.ABT


Primary Symbol: ABT

Abbott Laboratories is a global healthcare company. The Company is engaged in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. The Company operates through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment is engaged in the international sales of a broad line of branded generic pharmaceutical products. The Diagnostic Products segment is engaged in the worldwide sales of diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The Nutritional Products segment is involved in the worldwide sales of a broad line of adult and pediatric nutritional products. The Medical Devices segment includes the worldwide sales of rhythm management, electrophysiology, heart failure, vascular, structural heart, neuromodulation, and diabetes care products.


NYSE:ABT - Post by User

Bullboard Posts
Post by IChingon May 13, 2008 3:46pm
451 Views
Post# 15069070

Technically- $9.50

Technically- $9.50The tech bubble is burst. People don't rush to buy stocks anymore just because the dancing pig on the stage has a sexy tech tutu. Don't hold your breath on a thursday conf. unless they anounce something like what RIM announced in the past few days.
We didn't see a climax at the 10.50ish as I was hoping for...rather the volume increased on the up swing.
$9.50 is a technical safer bet  for ''conservative''gamblers , the rest is gambling with blinders on. Not to say it won't turn around here...as the test is today and tomorrow. Breaks the 10.50 line and we could well see a quick drop to the 9.50ish...with higher volume. Summer is near and the vacation is calling upon the bay street boys. They want to lock it up on the low side and go to the cottage knowing that junior at the trading desk won't screw up.
Good luck to all the traders on this board...and hope for no bad news otherwise the music stops and you're standing.LOL
Bullboard Posts