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Biotech / Medical : The thread of life

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To: Mike McFarland who wrote (245)4/23/2003 10:25:41 PM
From: Mike McFarland of 1336
 
--Just skimmed through the first couple hundred posts.
It is a little embarrasing to see lots of this sort
of thing: Seems like MLNM made a nice little low today
under $24, so I bought mine back


Reading these posts, I wonder if I was a little insane
at times!

Interesting is how each time I put a little back into
some stocks, I'd often get slapped around by the market,
and the overall trend results in gradually reducing
stock holdings. At this point--early last
year, it looks like I was 3/4ths cash. And that
increased to around 90% cash, where I've been awhile
(I could check my statements--it would be interesting
to find if this max in cash corresponds to the low
in the market last fall. There may even be a post
of mine that predicts it <g>.

finance.yahoo.com

The DOW stocks are pretty flat, the Nasdaq has made
up some of the overcorrection and is outperforming.

I don't look at these charts too carefully--but I do
sorta wonder if the Nasdaq is going back above 1500,
and will it stay there? Of course you can always
expand a chart to a different scale and get entirely
different impressions. Is the Nasdaq going to 500?

I assume the US dollar is still drifting down--
although it doesn't really feel like my cash hoard
is worth less than it was a year ago...
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