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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Win-Lose-Draw who wrote (8895)4/1/2003 8:37:02 AM
From: LTK007  Read Replies (1) of 11447
 
HITK i am have on my to buy list. Pull back to 18.50 would be 50% retrace off its run up.If it gets caught in a market breakdown and flushes, then it is screaming buy.
i just think well placed growth Generic Pharms have a long term future as people have got to cut the medical expensives, more and more will care less they are not buying the name brand.
Only thing to stop them would be Big Pharms to surrender and sell at generic prices.
Also FDA seems to be shifting and not letting Big Pharms declare they have a new drug because they have changed a molecule that actually have no bearing on drugs performance.
Max
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