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Biotech / Medical : The biotechnology mini portfolio

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To: tuck who wrote (63)12/4/2006 10:48:09 AM
From: Mike McFarland   of 93
 
Sounds like your personal strategy is a little
more ambitious than what I'll be shooting for
here. I'm not sure that we ought to go part cash
in miniB--and try and bank on that 'spring to fall
swoon'. And it only seems fair since mutual funds
generally stay fully invested, that miniB ought
to do that too.

If MiniB can grind out 20% a year for the next
five years, and beats the biotech mutual funds--
I'll consider that a great success. Right now
we are sitting at +20%, and that was done in
just three months. We have been up as much as 27%
if I remember right.

If we should happen to get 20% again between now
and spring, I might consider going toward cash and
trying to time the market.
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