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Biotech / Medical : Biotech Stock Picking - 2003 -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (259)5/28/2003 6:00:17 PM
From: Mike McFarland  Respond to of 383
 
<portfolio was rising by obscene amounts each day, I told my wife "I can't be that good">

We put our net worth on a spreadsheet,
let it run out at 12% a year. We were
delighted to see that we would be retiring
before our 40th birthdays.

But now, well, I love my job. We have a
great view of the lake there, and the
folks I work with are a pure delight on
the graveyard shift, ~heh.

......................................

McFarland $173,485
Popular biotechs $170,234

I'm just going to trade very infrequently
from time to time inside a Roth IRA.
I sold off a couple more biotechs today
in another account. I may put the money into a
few mutual funds over the next couple years.
If I find a fund that holds second tier tech,
with a decent percentage of biotechs, maybe
something like that.

Fact is, not too sure I can pick a good
company. I think I can play the market
a little on a timescale of weeks to months,
but that's about it. And, that might be enough.