Biotech I-Shares (IBB) Message Board

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Biotech / Medical : Biotech I-Shares (IBB)

IBB 172.26

-2.5%

Jan 8 4:00 PM EST

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To: matvest who wrote (51)	3/21/2001 11:36:03 PM
From: Rich23241	Read Replies (2) of 75

Hi Larry - I would think you've probably had some buying activity in your IBB shares. Yesterday I bought another 7 shares at 75.50. My next buy level will be 8 shares at 68.09. I readjusted my safe back to Buy/Sell 10% from 5%. I will leave it at 10%. I think in general, I'm better leaving it at 10% until I get more experienced. I also bought 25 shares in Immunex (IMNX) at 20.37 yesterday. Bought 18 shares of Medimune (MEDI) at 28.5 and 25 shares of Millenium (MLNM) at 23.19 today. All three are supposed to be high regarded Biotech stocks according to Michael Murphy's Biotech newsletter. I am starting to get a little concerned as to where the bottom of the market is and whether I am doing the right thing.

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