A crash for the markets - a crash for biotechs ? Message Board

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Biotech / Medical : A crash for the markets - a crash for biotechs ?

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To: Henry Niman who wrote (9)	12/7/1996 3:22:00 PM
From: JB Cocallas	of 74

Also note that the rise in the nasdaq and dow is, was and will be fueled by money flows in the the bigest cap blue chips. MSFT INTC and the Dow stocks. The market will top when all these little stocks start popping and the foreigners non-us players begin buying with both fists. Also you can note that Option players are usually wrong. We have seen call option premiums low and put option premiums very high. this means that those put players have been loosing money the past 3 months and made money only in the last 3 days. If they bought last week. a few thoughts from a long time wrong bear. Jim Cocallas itd@alaska.net

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