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To: Raymond Duray who wrote (97)6/8/1999 1:02:00 AM
From: Goldbug Guru  Read Replies (2) | Respond to of 963
 
I'm a internet T/A!

Raymond Duray, don't give up on bio-techs!
As long as you still have adequate cash flow, you could make back all your losses. Fund mangers have to put those billions of $$$$$$$ to work every July-August, stock prices always accelerate during these two months just like Dec, and January. Strong earning reports will all be flying left & right during the summer rally. I couldn't care less if the fed raise rate or not, because this badly beaten market already priced in the rate hike, assuming if there's one. Even if greenspan raise rate, the rate hike will most likely be itsy bitsy teenie weenie insignificant rate hike. Once you got that out of the way, the bull rally will begin! Dow 12000!