SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Arthur Radley who wrote (436)2/21/1999 3:01:00 PM
From: LLCF  Read Replies (3) of 613
 
<biotechs are in for a rebound in 1999, Well THEY HAVEN'T FOUND MY
STOCKS. YET!>

Yes, we had a hell of a nice bounce off the "tax selling" season in most of my stocks... luckily I was overweighted and sold quite a bit out, boy have they come in fast. I've given back about 1/3 of my "bottom feeding" profits even though I sold quite a bit. IT IS CERTAINLY NOT CLEAR TO ME THAT WALL STREET HAS TAKEN A MORE POSITIVE STANCE TO THE SECTOR IN '99 DESPITE STATEMENTS IN THE PRESS BY NOT UNINTERESTED PARTIES.

< How do you think the market will react to the agreement that the world economies aren't doing that well and Russia still poses a major problem>

I'm much more worried about another round of health care reform talk than this type of "macro stuff"... hell just buy some Microsoft puts to hedge yourself against this stuff!

<This overall market makes me nervous. >

This is exactly my quandry... I don't want to miss the move that I believe is imminent, but I'd love some of the "easy money" that would come along with a market sell off and the cheaper prices in our sector that would undoubtedly result. Lets remember (not in order of importance except first):

-demographics, need we say more about the bullishness for health care to come from this one fact?
-new more pragmatic approach at the FDA.
-outlook for the sector based on science coming to fruition.
-the appetite of big pharma will only get larger and larger... this like demographics is JUST STARTING. I predict that 1/2 of us will be out of our stocks in this sector, talking instead about high valuations before this factor is even in full swing a few years down the road.
-more good reasons out there?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News