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Biotech / Medical : Biotech - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: keokalani'nui who wrote (399)	6/6/2002 5:41:08 PM
From: Jibacoa	Respond to of 544

<<Mama said there'd be days like this.>> And that is why Jesse said:(Among other things.<g>) "To buy on a rising market is the most comfortable way of buying stocks." "If you begin right you will not see your profitable position seriously menaced and you will find no trouble in sitting tight." (That is where charts help you.<g>) "It is usually not good to buy stocks too cheap or too easily."<g> "Do not try to catch the last eight or the first. Those two are the most expensive eights in the world." "Never argue with the tape."><g> "A loss never bothers me after I take it I usually forget it overnight. But being wrong, NOT TAKING THE LOSS, that is what does the damage to the pocketbook and to the soul." "The only thing to do when a man is wrong is to be right by ceasing to be wrong. It doesn't pay a man to be wrong!" "Of all speculative blunders there are few grater than trying to average a loosing game. ALWAYS SELL WHAT SHOWS YOU A LOSS, and KEEP WHAT SHOWS YOU A PROFIT." "The thing to determine is the speculative line of least resistance. You should always wait for the moment when that line defines itself, because that is the signal to get busy. Always go with the trend." (Its best to wait for the "buy-signal".<g>) "Never try to sell at the top. It is not wise. Sell after a reaction if there is no rally or it fails". Its a good thing to read some of those "maxims" every so often as to try to not forget them as well as W.B.'s two rules for stock market investing:<g> Rule number one: "Avoid losing money". And his number two rule:"Never forget rule number one".<g> RAGL Bernard