Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (106828)	6/6/2001 10:41:04 AM
From: Perspective	Read Replies (3) of 436258

Jesus - Bubble really IS back. Thank you Mr. Greenback, er, Mr. Greenspan: What an imagination these idiots must have. GOTO.com?!? $1.3B market cap on last quarter's $52M sales number. $1 per share of cash. siliconinvestor.com siliconinvestor.com And Biotech? siliconinvestor.com siliconinvestor.com Seriously, as much as I know this sham of a market is going to melt over the course of the next few years, you have to consider the incredible value in watching the direction of BTK. Note that it topped just before the rest of the market and was in an obvious correction before the rest of Nasdaq. Its rally through September was a red light for those who would short anything, and the break launched in September was a green light. It's reluctance to join the rest of the market in new lows at the end of March flashed the red light again, and its superball behavior the past several weeks continues to flash red lights for anyone trying to short this market. Until Biotech breaks, don't bother with the short side. It indicates that there is FAR too much available liquidity. BC

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