For US share traders:

One techie's view on a drugmaker, that has
been doing it tough, in recent times .....

:)

Hi folks,

MRK ... recently, we have seen Merck plumb new depths
on its price chart and now some of the US analysts
are looking at this stock, as a long-term buy.

As always, market timing with MRK will be critical,
with a well priced entry minimizing the downside
risk ..... :)

Over the next couple of months MRK should have some
positive news with regard to company changes, but
any share price rally will likely be limited.

A medium-term view of MRK should see a mostly flat
share price, into mid-August 2006, where we may see
the lows behind us ..... by September 2006, MRK
chart should have the price started on a new uptrend.

Here's some key time cycles to use as confirmation
of our regular technical analysis and to help gauge
the short-term swings ahead:

05 December 2005 ..... alert for positive news/moves.

23 December 2005 ..... positive news

27-30 December 2005 ..... significant and negative move???

03 January 2006 ..... minor

05-09 January 2006 ..... significant and negative move???

12 January 2006 ..... minor news ???

30 January 2006 ..... significant and negative news???


01-02 February 2006 ..... significant and negative move

16 February 2006 ..... minor news


03 March 2006 ..... minor move

13-14 March 2006 ..... positive move ???

20 March 2006 ..... negative and finance-related???


27 March-12 April 2006 ... a prime time to hear about some
new technology in the pipeline from MRK.

03 April 2006 ..... positive news/moves ???

18 April 2006 ..... changes in finances ???

25 April 2006 ..... more positive news???


03-08 May 2006 ..... 2 negative cycles here.

12-22 May 2006 ..... significant and negative move,
despite some positive financial
data, around 15 May 06 ???

25-26 May 2006 ..... minor and positive news???


02-05 June 2006 ..... minor and positive move??

09-12 June 2006 ..... minor and negative - finances???

23-26 June 2006 ..... short, sharp rally here??


05 July 2006 ..... 2 positive cycles - finances???

14-25 July 2006 ..... MRK price flat-to-down move

28-31 July 2006 ..... minor financials ... ???


04-07 August 2006 ..... significant and positive,
at lows ...???

11 August 2006 ..... minor

18-29 August 2006 ..... significant and positive news,
with a final blow-off downward move, by 29 August 2006 ???

From September 2006, MRK should see an improved outlook ...:)

happy days

yogi

:)