Pastrami on Rye Message Board

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Pastimes : Pastrami on Rye

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To: Mike McFarland who wrote (245)	3/19/2008 7:26:57 PM
From: Mike McFarland	Read Replies (1) of 379

Should have followed by own advice: Message 24375348 $5 for infi I said I'd start buying. Well follow your own advice! So I went through one of the entries from the biotech contest today, looking for ideas, and I feel a bit better now. There was huge damage in the first list I peeked at. It is comforting in a sick way to see others with stocks that are down 50% or more. Well, I may beef up Infi over the summer, or maybe before aacr/asco. Probably I should have considered waiting til a few weeks before those meetings, then started buying. The main problem with me is that when I bring up a quote, it seems so static--I forget that the trend is down and that I would do well to pick and choose better entries. I'd save a lot. Sure Infinity is down 50% in the past year--but it may very well be down 75% soon. I should only allow myself 1000 shares of anything in any given week, or say five grand a week--that would force me to do everything slower and more carefully. Such a clutz. Or even better, bury myself in Warcraft, where I will be an even bigger clutz, but at least it is all pretend.

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