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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Arthur Radley who wrote (1626)8/1/1998 7:28:00 PM
From: Bryce Elkins  Read Replies (1) of 3414
 
TD - Bearish sentiment will generate the next leg up in the overall market. Where is the $20-24 billion per month of IRA, 401K, 403B money, etc going? It might be prudent to sit on the side for the next week, but be ready to move back in overnight. Lately, it appears that down drafts are slower than up drafts in a significant way. Investors are usually willing to eat a small loss, so hang in there and slow the pace of declines. To the contrary, the big boys move at lightening speed when perceiving buying opportunities. All MHO of course.

Ble
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