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Biotech / Medical : XOMA. Bull or Bear?

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To: chirodoc who wrote (4138)10/17/1997 7:34:00 AM
From: Robert K.   of 17367
 
Little did I know the market would react to my note :-).
Quotes from todays Washington Post.
1. Savvier investors make market crash less likely
2.Fewer than 1/2 of investors can remember black monday
3. An equivilent event to black monday would take the dow down 1800
4.Many experts believe the next crash will not come because most investors now believe in buy and hold stratagy and will not sell
5,Neither bulls or bears expect major movement in the market
--------above quotes are approximate--------------------
I say, always expect the unexpected. The market does not make sense.
If you think you understand the market you should be very worried. I am totally serious on this. bob
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