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Biotech / Medical : The biotechnology mini portfolio
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To: Mike McFarland who wrote (17)8/17/2006 11:48:53 AM
From: Mike McFarland  Read Replies (1) of 93
 
...up more than 20% now from my purchase, ah
the allure of short term trading. Just do one
trade a year like that, all in, then walk away
for the rest of the year. (ha! bet you cant have
just one)

Your second trade each year will blow up on
you. On the third you will break even, sell,
then watch the shares continue to run. Trades
4-10 will make a small net profit, the next ten
will lose money.

But isn't it seductive, one paper trade hits and
you feel the siren song.
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