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To: OpusX who wrote (16210)12/4/1999 12:18:00 AM
From: carepedeum2000  Respond to of 57584
 
I think this board just likes stocks that go up, from what i gather, biotech is going to be real hot next year, if you got some good ones, bring them on, (even if we cant understand them) thats why you read charts



To: OpusX who wrote (16210)12/4/1999 9:42:00 AM
From: Kevin Shea  Read Replies (2) | Respond to of 57584
 
Robert.... Yes, most of us do not necessarily follow many biotechs... here's my reasons.... From what I see a lot of biotech companies are overly influenced be news of FDA approval-disapproval and the stock gyrate significantly as a result.... the pressure of good news - bad news makes these issues highly volatile... the risk reward is often equal.... AS you know I use TA as my guide, and I have found that TA is not as precise in finding biotech moves as it is others....

Now, that's not to say there aren't good companies out there...e.g. I was following a group for a while CORR, LIPO, PDLI, and others and these have done well ( I checked on PDLI yesterday) also, I have suggested ALLP as a long term hold and we were in and out of this a few months ago ( I am holding)

Trouble is there are just too many issues... and yes, we could use some expert opinions that result in success....Let's face it, a lot of us want to see quick gains rather than LT opportunities..can we get this in biotech stocks? So, I'll suggest that you team up with Prophet and become the threads bio gurus...

It must have taken me 4-6 months of offering TA "advise" before people started to ask for my support...

Good luck.

Kevin

BTW.... I am still commuting to Detroit. Maybe around Christmas??