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Biotech / Medical : The thread of life

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To: Mike McFarland who wrote (619)	11/20/2004 1:07:20 AM
From: Mike McFarland	Read Replies (1) of 1336

Greenspan: "Rising interest rates have been advertised for so long and in so many places that anyone who hasn't appropriately hedged his position by now obviously is desirous of losing money" I have mentioned before that my cash fund simply pays out the rate of the ten year treasury...but unlike a bond fun, will not lose money when rates rise. 95% My other 5% is Cell Genesys and Rydex Juno. This is in a trading account, which is essentially just an account that marks time, waiting for the greatest trade ever. I may have to wait a few years <g>. Someday I may find a wonderful systems biology company trading for pennies, that gets bought out by little Seattle software lab. I will put all my chips in, and it will be glorious. Then I can send my kids to Stanford, where they will smoke weed and take art classes.

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