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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (3140)3/19/2001 11:46:38 PM
From: Marty  Read Replies (1) | Respond to of 52153
 
Thanks for the quotes, I've heard them before. The question remains, "...what exactly is going to happen at that (6 3/8) point?"

It seems to me that the lower the entry point, the more profitable the position. To take the proffered platitudes to their logical extreme, the longer a stock was in an uptrend, the safer and better "friend" you would have. The fact of the matter is that you sat there and watched it go up without you.

There are some reasons some of the TA works, but I just don't see it in operation here.