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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (21923)3/31/2000 7:36:00 PM
From: mishedlo  Respond to of 54805
 
To Lindy
Re <. I own one Biotech, and it got hammered, for no good reason, the last time Clinton spouted off.>>

This is WAY WAY WAY off GG theory, but I had a basket of bios purchased in January (about 10 I believe) all were up substantially. What I noticed was that right before disaster struck, there was a series of spikes up and spikes down almost every other day, with each up not quite hitting the previous high. Sort of like a ping-pong ball dropped on the floor, each bounce up not hitting the previous high.

To top it off NGEN went from 75 to 100 in a day on no news. Sold 1/3 that day. Next day NGEN flat. Next day NGEN back at 75. Sold all my bios that day.

2 days later, the bottom started falling out of all the bios.

Will think long and hard before I get back into bios.



To: LindyBill who wrote (21923)3/31/2000 9:58:00 PM
From: straight life  Respond to of 54805
 
What a week! down 20% for the week, as we all are.

Actually no. QCOM is up this week; As it represents 65% (roughly) of my portfolio, I'm quite pleased.

You still have your $125 GTC buy out on Q? Or did you finally buy back in?