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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems
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To: mph who wrote (638)3/20/2000 9:09:00 PM
From: Paul A  Read Replies (1) of 896
 
I think alot of retail folks keep trying to find the bottom on the biotechs, and keep getting their asses handed to them.. Once they stop trying to trade the damn things we should hit bottom..

I think we will look back in 6-12 months and laugh at some of the prices we are seeing.. Some biotechs got a free ride, but apparently the ride down isnt treating it any differently than the ride up..

Ill just keep waiting for that last push.. It might be as early as tomorrow morning, but I dont expect stocks like CEGE and IMCL to bounce right back after this mess.. going to take some time.. but this is a gift..

in the meantime- play something that makes absolutely no sense.. ZIXI.. running on an empty tank but keeps on going.. I bet we see 80-100 up to the release on Thursday.. a real POS, but a money maker both long and short..

Thanks for the tips puff.. back to lurking I go :)
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