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Strategies & Market Trends : Trader J's Inner Circle
NVDA 183.74-0.7%3:59 PM EST

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To: Mike McFarland who wrote (5755)1/23/1999 3:21:00 PM
From: Len  Read Replies (3) of 56535
 
Mike,
I am with you. I think right now is a really good time to load up on Biotechs-- although I do get discouraged. Many are winning approvals as we speak. And, once the Internet bubble bursts or the speculative money looks elsewhere the Biotechs are the logical place to turn. These companies are literally going to change the world. And, there is a chance to get in with the prices relatively depressed. The problem is that we may have to wait longer than our attention span allows.

In any case, I have heard that LGND will win an approval this coming week. I am thinking about buying some more. Of course, I have done that in the past only to see the price decline proportionate to my investment.

Regards,
Len
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