<Invest in what you know>
Okay, you may have a point there--but this
is not the thread to debate valuations of
"old economy" stocks. Fairly reasonable to
own a few...heck, I'm looking at Boeing too--
regional values for me. Online banking, what
the hell is that? heheh
If something jumps out and bites me I might
be inclined to re-leverage as it were. For instance,
I got rid of my SGP yesterday, let it sag a buck or
so, and replaced that with a handful of calls--now
I can spend that cash on BFLTAB pennies <g>. Of
course when I do have cash, I just pour it in to
things that I am familiar with...I should probably
broaden my horizons a bit--but if I've learned anything
about these biotechs, it is that if you just wait
patiently, most eventually have their day. Just run
things through the filter first, to remove the debris.
A couple of the neuros I own right now I suspect are going
to get taken out--when things go too quiet in a red hot
market, you know something is up. I'll bet SNAP is bought
out by the Japanese, and Bayer snags CNSI. You liked the
Janssen/Gliatech match? (sorry, putting words in your
mouth--you were probably humoring me).
And Elan, well, Amgen maybe. Actually, that one doesn't
need to be bought out, fine independent.
Or I could be completely full of it, time will tell. |
