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Strategies & Market Trends : Mike's Big Adventure Trading Forum

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To: DaWentz who wrote (1444)2/15/2007 9:25:24 PM
From: Square_Dealings  Read Replies (1) of 1791
 
Hello Craig

CYTR yes! This one on the DONT SELL list <g

I continue to think a lot of money will be made in small cap biotech over next few years but you have to stomach the volatility and diversify. Falling dollar/cash is trash direction should help valuations. I think INGN is still a keeper. SUPG, VICL should be on watch/accumulate list.

ULBI and PAL controlled by big 50% stockholders. I think hang on to both.

I am battening down hatches a bit here. Not too much in market. I like silver a lot, buy boxes of 500 from the mint. Gold is good too, not sure about mining stocks though. Very selective.

Hate to put money into T Bills but we may be at point were falling dollars you keep are better than vanishing dollars. Banks having big problems soon. Might want to check out FAX, FCO, GIM global bond funds for some place to park.

I think allocation is 70% (T bills, global bonds, gold/silver bullion, maybe a couple Canadian trusts PVX, BTE, PWE)

30% small cap biotechs and alt energy related, but mostly biotech.

We should manage fund together, you got the staying power to hang onto the high volatility stuff <g

Mike
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