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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Leslie S. Feinberg who wrote (1543)7/28/1998 8:19:00 PM
From: Arthur Radley  Read Replies (1) of 3414
 
Your question was to Sam but thought I would throw in my two-cents worth. I moved all of my 401K money into guaranteed funds about three months ago and now I'm glad I did. We ain't out of the woods on this one and if you look at the new high and new low list, it doesn't look pretty. This is a big indicator for me as to the direction the market is heading. Get the Barron's over the past few weeks and you will see what I mean about this barometer. Look at companies like Coca Cola, Gillette, Boeing and others and you will see major problems with these core companies. 8000 isn't out of the realm of possiblities in the short term. I'm trying to save some Powder because once we get over this bump, a good rally should be in store.ALL MO.
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