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To: oldirtybastard who wrote (9194)8/8/2000 12:36:13 AM
From: chic_hearne  Read Replies (2) | Respond to of 436258
 
Re: I am pondering what it will take to rally the SOXX, I'm pretty sure some of the wrong ones are being sold off, but no other buyers seem to agree with me.

ODB, I'm feeling the same way. The FUD is thick in this sector and many of the ANALysts don't know what they are talking about and the individuals are scared. A small news bit can move the whole sector 5% or more in one day. IMO, the players are letting the suckers short, then they will rally the SOX to new heights. I'm mostly out for now, waiting on some conviction one way or the other as we sit on the 200 day MA.

chic

BTW- Does "Return to the 36 Chambers: The Dirty Version" mean anything to you?



To: oldirtybastard who wrote (9194)8/8/2000 1:04:29 AM
From: Spekulatius  Respond to of 436258
 
I do not have any reason for a biotech rally other than I do not know anything else to buy.
Personally, I am long two stocks I hold as a value plays, GZMO, a GENZ tracking stock and the more mature and profitable BCHE. The latter is fairly conservative and is not a good momentum play at all. Do your own research.