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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (117073)	11/20/2000 8:33:43 PM
From: Jenna	Respond to of 120523

thanks 2MAR$... its hard to believe the gains on the short side on the biotechs. I veritably leapt into the sector on the short side today. Now I'm wondering how much downside is still left in the next 3-4 sessions. I think there is more but there may be a relief rally, although from experience, money is NOT going to want to move into high P/E biotechs with all those juicy tech stocks 'ripening' like fine and aged wine. I have this feeling we are still on the tip of the iceberg on the short side of this sector and i'm willing to take some losses on profits in put positions just to see it through.