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


To: Casaubon who wrote (72604)3/18/2001 4:16:23 PM
From: Sea Otter  Read Replies (1) | Respond to of 99985
 
I believe Biotech will lead the next Bull.

Along with energy. Huge systemic changes happening
in both sectors, promises to be the Next Big Thing.

But I'm not holding my breath. This bear is just
a cub at this point. Hasn't even done any serious
mauling yet. Wait until it's fully grown and then
he'll get serious.

Just updated my spreadsheets. I'm up 0.9% YTD.
Woo-hoo! I'm a bigtime investor! Actually, I'm
90% cash and bonds, but have an unfortunate 10%
in a couple biotechs. These biotechs have fully
participated in the market meltdown <g>. I'll
probably stay in them, since I'm stupid, stubborn, and
my downside at this point is limited.

I bet the market shrugs off Mr. Green next week,
no matter what he does.