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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (2986)2/17/1999 6:40:00 AM
From: Mike McFarlandRead Replies (3) of 118717
 
re biotechs... we mere mortals are just guessing

I don't see anything wrong in guessing in biotech...
better than guessing on the internets, which will
melt down eventually.

However...
A fellow co-worker and I talk stocks a lot. This person
watched me triple my money last year, playing mainly
biotech stocks. I had quadrupled my money, but gave a
chunk back in the one internet related stock I owned.
Anyway, all this and now this person decides to open
a brokerage account and is going to do a trade finally.
Buying Amazon!

Amazon also came up a week or so ago when I put a bunch
of materials in front of my wife on a biotech I've bought
her. She said she wanted something that was going to
rocket--Amazon she said.

I do not get it.

So, 50% gains in value tech eh...I did a keyword search
and did not find the word biotech on this thread very often.
I see in your post about your portfolio you have broken
things down by sector...no biotech sector, hmmm.

When I put together a good insult (per your request)
I'll come back to your thread. This will occur after my
stocks go up...so it may be awhile. When I stopped
trading and started buying the best values I could
find, I stopped making money. But I think this may
still pay off over the next couple years...sort of
a position trading deal (just cant call myself an
investor yet). I even dropped off the TraderJ thread.

I am sick, help me. I miss trading.
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