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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: bosquedog who wrote (49598)	3/22/2001 9:30:09 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Careful, I noticed that the big cap genome biotechs started taking a big hit recently. . . much of it in the past few days. So the brokerages may be wanting to dump shares and needed to kick up a few buyers. Genomes and other biotechs are still richly valued. And look at the hit that Amgen took yesterday. Why would a brokerage say that first tier biotechs would rebound first at the same time when those same stocks are getting slammed? After a while, the game becomes very clear. Ever see the Seinfeld episode [Fox aired last night] where George Costanza says and does everything opposite from how he would normally act? He figured that his whole life has been a failure due to following his instincts. So what could it hurt to try doing the exact opposite of his instincts. No sooner he started, than the world began to accept him in ways he'd never before known. . . That is what I think about whenever I hear analysts or journalists throw up bogus commentary, etc. I think about what the typical investor would instinctually do. Then I think about "opposite George". Hope that helps some, Rande Is