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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: STYK who wrote (5335)1/24/2000 7:16:00 AM
From: wizzards wine  Respond to of 9427
 
Hi STYX, Interesting stock with a very nice move since early fall...However with the sector currently at 74% and in an area of usual topping, plus as you so well put it---a little extended, one may want to wait for a pullback as the risk to reward is iffy IMHO...at this point

Later

Preston



To: STYK who wrote (5335)1/24/2000 12:31:00 PM
From: Ms. X  Read Replies (1) | Respond to of 9427
 
Hey there,

The techs got most of the attention this year and the drug sector along with the biotechs were languishing in the shadows albeit in stealth mode.

I remember CNBC talking about the drugs stocks and would they ever make money again and guess what... that was right at the bottom. After that the sector took off.

I've realized we aren't covering the whole universe of stocks here. The techs are exciting and making people a lot of money but there are much more available out there that may very well be safer going forward. Interest rates continuing to move up will certainly have an effect and we must keep our eyes open. I keep meaning to do a larger post on this but where does the time go!!????

Thanks for you post S.

Oh, say... did you move your money to telecom by looking at sector charts? What was the deciding factor? Just curious.