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Strategies & Market Trends : Puff Daddy's Mo' Money Mo' Problems -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (581)3/14/2000 9:25:00 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 896
 
Hi Puff!

I didnt get shook out of any shares today. More or less just held my bios and added some here and there in SCLN, AVAN, IMCL (already have enough CEGE).

Sold SCON and RMTR on the gaps up then re-entered RMTR in the 26 range and kept IDX for a smallish gain today.

I agree with your comment and to add alot of panic selling thrown in.

Not a great day at all, but thats life!

Jane:-)



To: SouthFloridaGuy who wrote (581)3/14/2000 9:46:00 PM
From: CrayUSA  Read Replies (1) | Respond to of 896
 
Puff,

I'm with you on the Biotech turn around. What goes down so fast must come back...fundamentally some of these BIOtech's will make a fortune. That's basically what drove the whole sector. I don't think people will forget that so easily. Also, remember the timing of the overall market correction. Bio's were already correcting, then the market correction added fuel to their downfall, Analyst predicting doom for the sector, and the speech didn't help either. A lot of bad Karma all at once not related to valuations of future performance.

Cray



To: SouthFloridaGuy who wrote (581)3/14/2000 9:53:00 PM
From: Ian McGuire  Respond to of 896
 
hey Puff...
i found myself nodding in agreement as i read your post.....weak hearts and weak hands should not be in this business...reloaded all our favourites today ...ian