Ionis Pharmaceuticals (IONS) Message Board

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Biotech / Medical : Ionis Pharmaceuticals (IONS)

IONS 79.14

+0.2%

Dec 31 3:59 PM EST

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To: Scott H. Davis who wrote (2223)	8/25/1998 9:18:00 PM
From: SnowShredder	Read Replies (1) of 4676

Scott, I agree with you that the biotech sector as a whole has taken a beating recently. Even though many of these companies are steals and should create a great return in the coming years...I suggest to hold off any new additions, til some signs of life return...or a solid bottom forms. Why catch a falling knife? Personally I've noticed many biotechs appearing on my reversal scans the last few weeks, but they still aren't @ the bottom...and the political situations aren't helping either. I tried catching LGND a few weeks ago and realized my mistake & took around a 1/4 pt loss. I will wait to buy into strength. I'm sure that Rainier would have a better TA of the sector. Best of Luck, Where'd He Go? (no current long or short positions in the biotech sector)

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