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Pastimes : son of T/FIF -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (467)1/20/2000 6:31:00 PM
From: biowa  Read Replies (1) | Respond to of 673
 
Dave,

'92-`93, '95-`96

Look at the charts of AMGN, GENZ and to a certain extent BGEN. Interesting observation, GENZ tends to peak early in the rally cycle (as does CHIR, if you ignore the activity around the Novartis purchase) - GENZ may have peaked, but CHIR has not. Note, not a T/A follower.

On the other hand, biotech may finally have reached maturity and be gaining some baseline respect.

Whichever, ride'm cowboy!!

biowa



To: LLCF who wrote (467)1/20/2000 7:14:00 PM
From: scaram(o)uche  Respond to of 673
 
>> Seriously though, has there ever been anything like this? <<

Morphology is similar, amplitude is a whole new creature. Yes, we've had rallies where the scum rises with the good stuff, but nothing where the moves are telegraphed like these, and nothing where valuations have gone so fast. Some of these rallies are still only taking good companies to reasonable valuations, however. AND THAT'S GOOD...... we have lots of stocks that still have some rally in them.


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