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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Teflon who wrote (1575)3/14/2000 2:45:00 PM
From: Sir Francis Drake  Read Replies (2) of 1817
 
Usually I try not to mix politics into all this, as things are complicated as it is. But I must admit, this was very unfortunate for biotechs. I don't know if you remember back when the Hillary announced the health-care reform initiative - all drug stocks just got slaughetered. At that time I picked up PFE on the cheap.

Trouble is, as an investor - trader - you are defenseless against these kinds of sudden political news. I did my due diligence, I was extremely thorough, and I picked my stocks with care both from FA and TA point of view. Then this happens. What am I supposed to do? With stuff like this, it amounts to a gamble. I wonder why I bother doing all this work, if with one speech from the White House, everything is in ruins. Maybe my dd should include sending a paid prostitute to Clinton to find out what other mischief he plans<ggg>.

Again, I try not to make this political, but this is a bummer. Bad luck.

Morgan
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