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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (25801)2/7/2003 1:29:29 PM
From: tuck  Read Replies (2) | Respond to of 57110
 
>>Tuck,
I realize that your warning was a short-term warning, but a few months back, you waved me off of SCIO as a short. I took it off my watchlist at that point.
Thank you very much. <<

You're welcome. I think I tried, in milder terms, to warn people away from AMGN at these levels. One could have gotten out for minor gains or losses, judging from the entries I've seen posted here, but that seems to have been a good call so far. You had asked for biotechs to bitch slap, and I remember giving some suggestions, but I don't have a lot of conviction in biotech shorts right now. Those that look vulnerable are subject to substantial news related upside risk. The ones I played look played out now. I'm still fiddling with AGIX as a paper short, but I'm not looking for a lot there. So far, I've one once, lost once, and am winning the third round with that one.

Anyway, I'll keep y'all posted if I see something worth trying.

Just closed my Feb 24 QQQ puts for a small gain. Can't believe the silly things are unchanged from yesterday with the NAZ down 15 points. What's up with that? Still holding some March 23s.

Cheers, Tuck