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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (942)	3/23/2000 11:42:00 AM
From: Duane L. Olson	Read Replies (1) \| Respond to of 4564

Wolf... Good plan. Biotechs have been an emotional trial at times... Who else do you know who sold GERN at 10 and AFFX at 26? AG and the boys have me worried. Very contradictory in approach. Almost seems they have forgotten what their job is. They are both shrinking the money supply (drastically), and jacking up interest rates, at a time when inflation (especially core inflation) is negligible to nonexistant. In actuality they are targetting growth and the stock market rather than inflation... I am greatly disappointed -- almost offended. Hope they get back on track -- soonest. So, where the market? Modest tech recovery, then boredom til the second half? (E! is going for the boredom, as I understand it)... I'd prefer going for more gusto, but can't see what drives it in light of AG & boys' actions.... tso

To: Wolf 2 who wrote (942)	3/23/2000 12:35:00 PM
From: Duane L. Olson	Respond to of 4564

Wolf...Here's a fund manager (MEDRX) with comments on biotech, and NERX is mentioned: cbs.marketwatch.com Note the Idec Pharm. approach to treating cancer...sounds similar to NERX', doesn't it? I'm beginning to think that an approach might be to just buy the funds.... MEDRX is pretty small ($40mil) --maybe I'll look into picking up that. I've been playing NERX for a while, and have someone who is convinced he can get advance clues on NERX test results, so I'll keep that. But otherwise, perhaps a more broadband approach... tso