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

To: Stephen M. DeMoss who wrote (69028)	2/13/2001 7:13:15 PM
From: High-Tech East	Respond to of 99985

Hi Stephen ... thank for the congrats on ABMD, but it is early for me to feel comfortable ... I had hoped that it would run-up so I could get my initial investment out and still hold a large (basically paid for) position before the actual first transplant is done ... but apparently, that is not going to happen, so I will carry more risk than I wanted at least into the early trials ... I can live with the risk a while longer - I have been holding it for just short of two years now ... those of us involved as investors are very excited these days as we wait for the first human trials of a total artificial heart since 1982. I have doubled my money in the account I have been trading S&P puts in since I started in late July ... right now, I own three June puts ... I plan to continue to hold and roll them until we get the plunge in the NYSE and S&P 500 that I personally believe is a given. Disclaimer: The above is my personal opinion. I recommend that you do not base your investment decisions solely on any one person's views or analysis (including mine). Do your own research and take personal responsibility for your investment decisions. Ken Wilson