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Biotech / Medical : Biotech Momentum- Dr. Jekyll/Mr. Hyde -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (10)1/11/2000 2:27:00 PM
From: RWReeves  Respond to of 55
 
<I said a week or two ago that I'd be happy
with a 50% gain this year in biotech.>

Been a GREAT couple of days so far. CNSI, the moving finger will get to. Just takes some time; neuro isn't the "segment du jour" today is it? Added some CORX this morning looks like that was a lucky buy. Man that ARIA, wish I had bought back in at 3 and change. See the volume on this? Shares must have made about three rounds through peoples accounts. Madness. Where to put my ill gotten gains from the genomics crowd?

GLIA sure, and NPSP. CEGE is one of my odd man out plays. I like AMLN too but stopped buying at around 12. I found some stocks in my portfolio the other day I couldn't remember WHY I bought. That's a sure sign of momo trading. Out it went to get replaced by stuff I KNOW why I own. VYSI took off this morning also. Got a hunch about where this is going. We'll see if it ends up in somebody's stable this year.

My targets this year are 100% for the IRA, which will be tough since I have about 30% in nice stable mutual funds (VBG) that tanked after the first. Made my numbers last year. Gotta do it again this year.

I've also done some software and electronics stuff thats doing well. Diversifying.

RWR