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Strategies & Market Trends : A paper trader

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To: Mike McFarland who wrote (2)6/9/1999 6:57:00 PM
From: Mike McFarland  Read Replies (1) of 14
 
Added 1000 CHIR at 19 11/16. I actually
did this yesterday 15 min before the close,
but forgot to post...looks like it was weak
again today, so this might not be such a
hot trade. The paper portfolio is already
down 3.3%, and that is about what my real
life portfolio has given up in the last
few days as well.

Why the addition of Chiron?
1. Partly because I recall being scolded by
'Ahhaha' over on the Curagen thread at one time
for getting in to microcaps--he said something
like just buy CHIR and forget it, okay, but I'm
doing it on paper. 2. I've followed Chiron to
some degree and if any of my micros every pay,
I would likely buy it for real, this is a start.

If I were buying this for real, I'd probably
wait a couple months, I've always thought the
summer was going to see a correction, and looks
like we may be starting that up.
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