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Biotech / Medical : IPIC - the obesity pill stock
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To: margaret foley who wrote (98)9/28/1996 11:56:00 AM
From: ernie de la fuente   of 113
 
Margaret,

Thanks for the PMS info again! That just solidifies my long term holdings on this one. I still have a chunk of shares I trade with and did dump some at 29(I thought we might still have another round of resitance at 30 and I was disappointed it was so strong). I wish I had sold more so I could buy more for the next round(makin my broker rich huh!). The hike thing has me bewildered a bit. I think we have what I call NEEDS inflation but WANTS recession and I have to spend some time looking back on history to see how rates and stocks react. NEEDS being food and energy and WANTS being everything else. That's why it is so screwy when they say we have inflationary pressures but not when we pull food and energy out. I am definitely no expect on economic stuff like this, just reachin back a bit for stuff I learned when gettin my MBA. If some of the experts in this area care to post here or start another thread on the topic LET ME KNOW. Obviously, it may be very critical to figure this out now so we can position properly. Right now I am paying very close attention to earnings because they are a bigger conccern for me right now. Motorolla and ATT down but INTEL up. We need to get the Catapillers and autos and some of the blue chip numbers to see. Looks like more of a split or better than expected so far. Sorry for the rambling, just some thoughts.

GOOD LUCK ALL!!

-Doughboy
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