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    hase of the stock in case the stock has a false bottom.

    4. Indeed, this level is a false bottom as the rally fails, and
    th
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    NOTES ON AMGEN (AMGN)
    Protective Put

    1. With the use of Technical Analysis, Amgen is identified to be
    poised to break down through a technical support as determined
    by a line drawn through three bottoms points, occurring in
    January 2002.

    2. Then, in May 2002, the stock breaks down below the support
    line indicating an upcoming drop to a new, lower trading range.

    3. The stock begins to consolidate at around $46.00, and
    attempts to rebound. A protective put can be used here with the
    purchase of the stock in case the stock has a false bottom.

    4. Indeed, this level is a false bottom as the rally fails, and
    the
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    own through a technical support as determined
    by a line drawn through three bottoms points, occurring in
    January 2002.

    2. Then, in May 2002, the stock breaks down below the support
    line indicating an upcoming drop to a new, lower trading range.

    3. The stock begins to consolidate at around $46.00, and
    attempts to rebound. A protective put can be used here with the
    purchase of the stock in case the stock has a false bottom.

    4. Indeed, this level is a false bottom as the rally fails, and
    th
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    . Then, in May 2002, the stock breaks down below the support
    line indicating an upcoming drop to a new, lower trading range.

    3. The stock begins to consolidate at around $46.00, and
    attempts to rebound. A protective put can be used here with the
    purchase of the stock in case the stock has a false bottom.

    4. Indeed, this level is a false bottom as the rally fails, and
    th
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    r>3. The stock begins to consolidate at around $46.00, and
    attempts to rebound. A protective put can be used here with the
    purchase of the stock in case the stock has a false bottom.

    4. Indeed, this level is a false bottom as the rally fails, and
    th
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    hase of the stock in case the stock has a false bottom.

    4. Indeed, this level is a false bottom as the rally fails, and
    the stock heads lower before the next consolidation level at
    point around $41.00. Again, stock may be purchased here with a
    protective put.

    5. The rally fails again and the stock falls to around $32.00,
    before putting a final bottom & reversing. Again, a protective
    put can be purchased here to guard against further downside. At
    this level, the stock begins its real rally and rises quickly
    from this point to provide an outstanding return from $32.00 to
    a high of $72.00 in one year.

    4. In Septemb

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