To: Berney who wrote (6632 ) 8/25/1999 12:23:00 PM From: MonsieurGonzo Read Replies (1) | Respond to
TB:" pharma invest-o-rama "DRG.X - Pharmaceuticals Index BTK.X - BioTechnology Index I think my favorite health care stock is WLA. TM and I discussed it long and hard at it's most recent retreat to $61. Next time, if there is one, I won't hesitate. My least favorite is JNJ, but the folks that be certainly seem to have a fascination with it... buy them all , reduce the losers' weights and increase the winners' weights (or, leverage ). If ever there was a sector where earnest F/A and simple T/A and classical, active portfolio management works well (over time) it is this sector.MRK PFE SGP AMGN BGEN in CORE since YTD. I'd like to add JNJ BMY WLA and at least two more stox, mebbe four, either from the BTK.X - BioTech sector or, from the medical equipment sector; ie., why fire a rifle from a bouncing stage-coach, when a good old 10- or 12-gauge shotgun works , Dude!apparent dips is boring, but it does work for investors . Personally, I would not weight more than 15~20% of my total CORE with this sector, but I like having them there - has worked well for me in the past, especially with a 60:40 = DRG : BTK+MedEquip structure.sector funds , or even DRG.X + BTK.X index options , on apparent dips, to investors.FSPHX - Fidelity Select HealthCare and FBIOX - Fidelity Select BioTech top-10 holdings:
