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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: finntroll who wrote (67435)	5/15/2002 11:08:00 AM
From: XenaLives	Respond to of 99280

Momentum in BTK much stronger than SPX this am. CALY was just rescued from the brink by one such "angel". I am expecting the money to start flowing from the weaker techs into bio. Actually, strong accumulation has been going on throughout this bear market. Bios have been shorted down heavily because the market permitted it. As we move away from the bear market the short profits will have to go somewhere, and I don't think it will be into CD's. Those guys will go long and put it into the most promising technology available. Some of it will be into digital and communications equipment, but I think due to demographics (aging population) and the sheer magnitude of the technology, biotech will get the lion's share.