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Biotech / Medical : Trickle Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (107)11/13/2000 1:24:27 PM
From: tuck  Respond to of 1784
 
Nigel,

Well, we finally have an intraday reversal. We'll see how long it lasts. Trickle Portfolio sticking to its guns and nibbling 100 shares of PBSC at 12 3/4.

Hoping this is it. Up volume vs down volume is 1:10. Capitulation or just the beginning of capitulation? Corporate earnings signal slowing economy. Looking for Fed to at least change bias in the next two meetings, the electoral crisis to be resolved. Think the latter will be a lot clearer, if not resolved, by the end of the week. Considering the gravity of the situation, the courts will rearrange dockets to speed the process, I'd think.

So if today isn't the climax, I'm figuring sometime this week. So far, Trickle is ~ 80% cash. Would be higher, but was encouraged to put some names together to get things going. Seemed like the proper balance was to start buying a basket right away -- a very small basket, formed of lots of 200 shares or less in all issues owned to date. Averaging in.

Cheers, Tuck

Edit: I see I have to throw in ABSC at $45. 100 shares. Meaning Trickle is now %70 cash.



To: nigel bates who wrote (107)11/14/2000 9:57:08 AM
From: tuck  Read Replies (1) | Respond to of 1784
 
Interesting counter to the Barron's hit piece:

ftmarketwatch.com{7A750F43-B4FE-4DDE-A56B-98E84F293727}

The FT article floats the idea of playing the trickle as the "safe" way to invest in biotech. Note the Trickle Portfolio owns the two companies mentioned that aren't priced for perfection. PEB being the one that is.

Thanks to Martin Jongmans for the pointer.

Cheers, Tuck