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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: Pseudo Biologist who wrote (6881)7/17/1999 7:50:00 PM
From: Mike McFarland   of 9719
 
I would not be too concerned --the folks who
bid up stocks on hype are not piling into the model
portfolio. Bears watching though--Biotech is moving
up the oversold list. The summer rally may run into
August, then back to stock picking.

Of course...the bull market could just reverse at
anytime--a few years from now we may see business
headlines like What ever happened to DOW 10,000?!"

Is Microsoft worth half a trillion dollars, of course not.
I hope the fed figures out a way to let the air out slowly.
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