Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : T/FIF, a New Plateau -- Ignore unavailable to you. Want to Upgrade?

To: Miljenko Zuanic who wrote (1090)	4/10/2002 2:49:15 AM
From: John Metcalf	Read Replies (1) \| Respond to of 2243

Miljenko, if you're switching from short positions, it tells me that risk/reward is balanced towards the upside. Today, ^BTK made its lowest close of 2002 (good time to cover!). In '01, ^BTK made its lowest close on 4/4/01 (8% lower than now), and rallied to the highest close of the year two months later on 6/5/01. That close was 50% higher than now (674.38). Of course, history doesn't repeat. Still, the recent history is that there can be powerful and quick rallies after a short attack and a handful of clinical failures.