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Biotech / Medical : The thread of life

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To: D.Lu who wrote (1334)3/18/2008 5:17:53 PM
From: Mike McFarland of 1336
 
That's the area, the right marketcap. Maybe stuff
long forgotten like AFFX which has been overshadowed
by ILMN for so long has some value? And dozen symbols,
they've all sold off. And maybe the ones that have
sold of the least are actually the best to look at.

I sure wish I'd been in the market today, rats.
You would think that the market would not have been
waiting for this particular day--the easing wasn't
a surprise, it was essentially scheduled.

It makes me wonder if the downward slide has
been part a game of chicken--sitting on the sidelines,
waiting, waiting--and then somebody said go.

The S&P went up as much today as I make a year in
my treasury fund--and I actually lose money in
cash with the weakening dollar.

It makes my head spin. And I spin my tires as well,
I'm just a lousy guesser at this. I'd have bet $100
the market woulda sold off--it did just for a moment,
but I'd have bet that it sold off and gave all the
gains from the morning. Good thing I don't do much
trading. I mean honestly, who was thinking I gotta
buy LEH at the open, or even better, yesterday.
That would have been the furthest thing from my mind,
everything I saw yesterday was about how it was the
next one to go.
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