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To: Ilaine who wrote (29708)10/19/2000 10:23:55 AM
From: Thomas M.  Respond to of 436258
 
On the other hand, we have biotech people who have the "discretion" not to publish their bearish views in public. -ng-

Message 14616179

Tom



To: Ilaine who wrote (29708)10/24/2000 8:47:07 AM
From: Terry Whitman  Read Replies (1) | Respond to of 436258
 
Making predictions based on charts? What a wacky idea. <g>
207.61.23.98

>Buying biotechs based on charts? Yikes. The guys who have been doing this for a long time understand the technology, buy low, put a lot of different eggs in the basket and wait years to see which ones will hatch. Maybe that's why they are still able to do it after a long time. BWDIK? <

Frankly, I try to ignore the rhetoric, bullish and bearish, as much as possible. Charts are the only thing that has worked for the last couple of years. That's a 10% move up after I posted the BTK observation. Just dumb luck, right? <g> Those guys doing it for a long time just need some better luck, and they can finally quit doing it and start spending it. <bg> Not that there's any thing wrong with the strategy of buying low. I love to buy low. And sell high.

Not much room left to overhead resistance now though. I'll wait for that 806 test level for any more moves-
securitytrader.com^BTK&ChartID=11559&ChartType=D