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Biotech / Medical : 2000-Year of the Biotechs! -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (397)2/25/2000 4:00:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 1142
 
Hope Monday goes well, I did plenty of buying
today--several of the items I sold several days
ago were marked down for quick sale today.
I took advantage of the situation. If folks
cant handle owning something over the weekend,
I'll hold their shares for them. Just a guess,
but there is a good chance the world is not
going to end just because the DOW is below 10k,
we survived y2k after all, heheh.

They just are not paying enough for me to be 50% cash
...so as of right now, I'm not half cash anymore <g>.
Hope I'm still grinning a couple weeks from now.
I'm much better diversified now than I ever have been
these past few years, that will help a lot if folks
don't buy the dip.



To: Arthur Radley who wrote (397)2/25/2000 5:13:00 PM
From: Torben Noerup Nielsen  Respond to of 1142
 
Tex,

>It giveth and taketh away without so much as an .."excuse
>me".

Hmm... The last part of that sounds just like my wife when she gets a hold of my wallet..... :-)

Actually, I wasn't that unhappy about today's action. Yes, it was rather ugly, but you can gain interesting information from an ugly market. Like where the floor really is for some issues. If you see an issue constantly bouncing off a relatively fixed level, you have a valuable piece of information. Also, if you suddenly see a very wide spread and effectively no trading in an issue, you really should file that away for future reference.

I'm not much of a market analyst, but some things are just too obvious to ignore. Even for someone as cognitively challenged as me....

Cheers, Torben