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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Alan C. Zezula who wrote (702)9/29/1999 12:14:00 AM
From: E. Graphs   of 710
 
Alan,

Sorry for such a late response. I've been out of everything. I was lucky enough to have stepped aside in time and I've been watching from the sidelines for once! I have been trying to trade a few things short term but I don't trust this market at all.

CTEC has held up very well. If we rally tomorrow I bet CTEC will participate. The formation on the daily may take us back to 8, but I have no clue if we can do better than that at this time. The market is too volatile for me to make any reasonable guess as to what will happen next. It's just wild.

siliconinvestor.com

CTEC's industry (medical instruments) in IBD is showing good progress.....it ranked 13 this week, 15 last Friday, and 77 six months ago.........always nice to have the support of the group behind you......but who can tell if it will last?!

I thought we might go under 10000 Dow and hold the 200day average on Nasdaq, but now I am undecided. Perhaps a few days rally here and then we will hold the lows in place.......? Can honestly say that it sure feels good to be mostly in cash because I think this will be a trader's market until after Y2K.

BTW Have you noticed that S.I. is really empty lately? There are hardly any posts anymore. I suppose they asked for too much $$/membership and then killed the site off with their "new and improved" version. Gosh, isn't that always the way!?

I hope you are doing better now that some of the worthy ones are off their lows. You are holding all of the the good ones, right!? <g>

Good Luck to Us,

E!
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