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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Tunica Albuginea who wrote (63201)11/27/2000 6:41:09 PM
From: HairBall  Respond to of 99985
 
TA: Relaxed...<g> Good point it is always good to hear fundamental input. If I had allowed fundamentals to rule most of the trades the past couple of years, I would have for the most part traded on the short side...<g>

Come to think of it, I have gone short a lot. Most of the high volatility stocks should only be traded with "high risk" monies. Once profits are made, one should be sure to fold some of those after tax profits into safer portfolios. Maintaining the risk portfolio at a constant percentage.

Regards,
LG



To: Tunica Albuginea who wrote (63201)11/27/2000 6:47:40 PM
From: heehee1  Read Replies (1) | Respond to of 99985
 
TA...>>I would not touch PDLI or any biotech with a 10 foot pole.<<

If you mean long, I couldn't agree with you more. I wouldn't touch biotech with a 100 foot pole myself. As I posted to LG, I was looking for short candidates to whack as I see more deterioration in the Naz. Especially the biotech sector. Nevertheless, I appreciate the article and have opened a little short position in PDLI AH. Wish me luck...LOL.


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