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


To: Wes Stevens who wrote (35673)9/18/2001 11:18:00 AM
From: Dr. Voodoo  Read Replies (2) | Respond to of 37746
 
With respect to valuation, yes, they are probably overvalued with respect to other sectors. But, the fact is a lot of biotechs aren't going to be a tax loss because they have gone up in a down market--no reason to sell now.

Thus, if we are at a bottom in the markets, they may not go down much further.

V