NIFTY NINE IN NINETY NINE PLUS ONE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Arthur Radley who wrote (557)	11/24/1999 6:40:00 PM
From: Mike McFarland	Read Replies (2) of 613

Outstanding! At least I can say that I've done okay for the wife, doubled her money. But you are right, lack of diversification killed my account. And missing the Ariad rabbit by a day really stuck it to me, something on the order of a twenty grand loss shoulda been a forty grand gain. Oh well...it could be psycological, maybe I self destruct right when I'm on the verge of a good kill. My damn account has been in a trading range between 35k and 70k for the last year--not awfully far from the high once again, but it's been murder watching the biotech fellas here on SI rake it in with some stellar picks--it's very hard to sell something you believe is a good value to go chase the momentum...CELG and NBIX, for example, ooof--the transition from value to momo is tricky. As it stands I'm up something like 25% from Jan 1 ...which is really rotten performance in this frothy market. The NASDAQ biotech index is up on the order of 50% this year...hate to get killed by the damn index--and you know that a handful of biotech SIers are way ahead of that number.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next