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To: mishedlo who wrote (72689)	2/27/2001 9:36:12 PM
From: sammaster	Read Replies (2) \| Respond to of 436258

boards thoughts on biotechs...? biotechs are of course overvalued but are the least likely to report earnings warnings and slowed growth... for this reason i think that biotech calls would be the best bounce in a crash...your thoughts?

To: mishedlo who wrote (72689)	2/28/2001 7:20:33 AM
From: Earlie	Read Replies (1) \| Respond to of 436258

Mis: My condolences on the gold toss. I suspect that every regular on the thread has experienced exactly the same thing many times. By way of example, I closed out some positions early yesterday that would have doubled, had I waited until later in the day. But what the heck, taking "early" profits is never bad. (g) Bush's speech and economic plan should help the market today. I also expect that Greenspan's "revised" speech will reference an economy that isn't slipping into recession, but is free-falling into depression. He will definitely provide a rate cut near term, which, in concert with Bush's speech, should give us a decent rally. I will reload if this occurs, as a sizeable rate cut is already discounted in the current environment and a rally would not be long-lived. I am sort of happy that I am slimmed back down again. (g) Best, Earlie