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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Baton who wrote (28515)6/26/2000 2:37:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
I agree that Biotechs are rarely down this long. . . like I said, they started selling off on news Wednesday aftn. . .and have been selling off ever since. So I am holding the large caps for a bounce. . .though I did sell off some smaller caps. . .as they can really drop fast. Still a risky play. . .



To: Baton who wrote (28515)6/26/2000 8:04:00 PM
From: DlphcOracl  Read Replies (2) | Respond to of 57584
 
Baton: Excellent point and post you made on the biotechs. As soon as I read it, I bought some ABSC and AFFX, then watched ABSC gain +4 and AFFX gain +20(!) from my entry point. Many thanks!! It softens the blow of holding HLIT while they announced their earnings miss after hours.


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