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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Sharck who wrote (26137)6/5/2001 11:29:14 PM
From: MrLucky  Read Replies (1) | Respond to of 37746
 
One of the guests on the Mark H. CNBC show this AM said he expected June to be the last Fed cut. Also, heard similar comment on Bloomberg a day ago.



To: Sharck who wrote (26137)6/6/2001 7:44:12 AM
From: GREENLAW4-7  Respond to of 37746
 
Sharck, my model has BIO-TECH as VERY HIGH RISK on long side. I have followed this sector since 1992, and the current rally is from speculators that had the internet from 94-2000 to trade are now flowing to Bio-techs!

Be very careful I have serious retracements pegged for a bunch and the GENO's are first on that list! If i was not shorting CRAP stocks I would be hitting all the GENO stocks!

Upside now 10-15% at best and downside is 20-30% in the short term! ( for bio-techs)