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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: Rich23241 who wrote (52)3/23/2001 12:00:22 AM
From: matvest  Read Replies (1) of 75
 
HI Rich, Yes IBB is very close to another buy for me. Your going back to the BTB is probably a good idea. I am staying with SAFE of 5-5. The thing about AIM is that you really don't have to worry too much about where the bottom is. What you do have to worry about is executing buys or sells too often so as to run out of cash too soon or miss some of the upside. Remember it is a long term strategy and takes a lot of patience. The really most important thing to reconsider on a set interval is whether the investment is still a viable investment. That is, will it come back whenever the bottom is hit. I have one stock (TQNT)that has to almost double before I get a sell, but it is a healthy company and has been very volatile in the past. I think it is still a sound company to be in.
When I get nervous, I take a good hard look at the company's fundamentals & chart and if I conclude it is still viable then I hang in.
Lary M
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