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Biotech / Medical : The thread of life -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (273)2/13/2002 11:38:04 AM
From: scaram(o)ucheRead Replies (1) | Respond to of 1336
 
Mike:

I'm not going to bookmark the new thread, but I'll continue to eagerly read at this trough.

As you know, I daytrade. However, I never (or very rarely) trade in a stock where I'm not comfortable holding at the then current price. Simple formula that works for biotech.

Rick



To: Mike McFarland who wrote (273)2/13/2002 11:57:38 AM
From: scaram(o)ucheRespond to of 1336
 
Big blocks still rolling out in ELN.

Irish funds had little flexibility. It's amazing that we've stabilized, given the bank hit.

The blocks are enormous. If they can't give guidance to a day trader (the NYSE isn't very transparent, from what I can see), they can to the position trader.

When the blocks go away, it may be a good overweight. Please note my "may"...... I won't have an opinion until we get there, and there's lots of news outstanding.


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