Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (1924)	3/3/2001 7:19:11 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 52237

Chip says we're overreacting: stockcharts.com

To: Lee Lichterman III who wrote (1924)	3/3/2001 9:47:05 PM
From: Casaubon	Read Replies (1) \| Respond to of 52237

Lee, I never bashed you about being bearish on the biotechs. I think I threw out some good ideas the past 2 1/2 years while you were bearish. I missed the march 2000 top in biotech, but called the april bottom and rode it till the october top. The final run up into october, I was rather vocal that a major top was imminent. I stand behind those calls, and profited from them personally. Biotech is once again at a decision, IMO. It either joins the bloodbath and crashes to the 1999 lows, or it puts in the next rally leg into resistance created from the long term top. In any event, I don't expect anymore breakouts, but there could be decent size rallies.