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


To: Logain Ablar who wrote (1453)6/24/2000 11:58:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
Tim..... You do tend to be cautious. But you are still around, and there's a lot to be said for being one of those still standing! Your observations are therefore much worth paying attention to, and I will be extra cautious before betting the farm on any biotechs -- at least for now.
I was extremely pleased to see how well CAMP and LTXX withstood the Thurs/Friday downturn. CAMP looks like it wants to go still higher. I'm out of the RMTR, LSI, DPMI, and RMBS (like, whoops!), but still holding CAMP, LTXX, CYMI, NERX, QCOM and some assorted value plays, plus my usual wide assortment of mutual funds.
Are you of the view that 3800 had better hold here, or we are in for some nastiness in the Naz? I know I'll be nervous on any violation under 3800 for now. I really was counting on something of a serious smmer rally (at least up to 4200, and hopefully 4500)before we went back to retest the 2nd quarter lows. Time to get cautious, Tim?
tso