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Biotech / Medical : A crash for the markets - a crash for biotechs ?
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To: trevor john wilkinson who wrote ()12/10/1996 12:39:00 PM
From: trevor john wilkinson   of 74
 
I must speak further on this topic.
As an American outsider, so to speak i find it incredible that the market keeps climbing and climbing with value no longer a consideration and Mr Greenspans not so guarded warning not only being ignored but it has started another climb!
Has the market gone mad or am I completely misguided?

I am very bullish on the biotech sector and there are some marvellous biotech companies in the US but I cannot find any reason to buy anything because I feel that every sector will suffer a massive fall when the market tanks.I do understand that the biotech sector is counter cyclical but this will not be a correction but a massive purge of the complete universe of stocks.

Am I a small voice in the universe or is there anyone else out there who feels the same.

I await your comments.

A very lonely biotech investor(as usual).
Trevor Wilkinson.
Newcastle,
England.
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