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Biotech / Medical : Biotech Momentum- Dr. Jekyll/Mr. Hyde

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To: JMarcus who wrote (53)7/25/2000 12:42:23 PM
From: scaram(o)uche  Read Replies (1) of 55
 
Good sign, imo. However, I'm a trader (in addition to holding a long-term biotech "hold" portfolio). Love the volatility..... the bargains exposed.

We have been given a repeat ride on one issue that popped recently -- sitting there, waiting for anyone with a E ticket.

I'm certain that there's the "blown out of the water" part of equation to Tim's observation..... I talked with one woman at the 1/15 event who was willing to invest everything in ENMD......

quote.yahoo.com

She was a long-term investor, honestly making at attempt at the best DD. Even if she didn't double down at the beginning of March, she wasn't too happy in June.

$BTK approached the old highs. We were due. Tim's "crowd" observations are just one more indication that corrections on the downside stand a good chance of going way too far.

Yippeeeeeee!
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