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


To: scaram(o)uche who wrote (2071)8/10/2003 11:37:38 AM
From: scaram(o)uche  Respond to of 2243
 
Getting ready to close the thread. We need a new flavor, our "bagger" candidate discussion was timely, and adjustments to the portfolio were not.
It looks like the "new plateau" was a ^BTK of about 300.......

finance.yahoo.com^BTK&d=c&t=2y&l=on&z=b&q=l

This is a plateau delta of better than plus 50%, after the sector's worst bear........

finance.yahoo.com^BTK&d=c&k=c1&a=v&p=s&t=5y&l=on&z=m&q=l

So, bubble starts at about 200. Does 4X, and came back (in the event that nobody noticed) hard to about 300.

The thread's take home lesson? The biotech investor who was in, pre-bubble? At the worst of the retreat, they were up about 50%.

And now they've had a furious rally.


Updating, ^BTK is in the same neighborhood at 424. The rally carried it slightly past 500 on 6 June. It would take a severe, generalized market correction to challenge the "New Plateau" in the near-term.

(boring big caps)