Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Doppler who wrote (24239)	3/20/2000 5:05:00 PM
From: Jorj X Mckie	Read Replies (1) of 63513

Just to be the voice of reason.... Remember last week when we had the selloff in the bio stocks? And it was attributed to Little Bill and Tony Blair? Remember how that stuff was negated by the companies? Well, the bio stocks have not hit bottom yet despite the negation of Clinton/Blair comments. The PPRO guy came out and negated the story and the VERT guy is doing it now. We may get bounce out of these interviews and the oversold conditions, but I think that it is important to stick with the discipline unless there is a compelling reason not to. I guess that I am just saying that BTD shouldn't be assumed when the BPOTC and other bullish percent charts as well as the NASD chart are negative. Remember, of course, that I am usually overly cautious. JXM

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