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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: bob smith who wrote (15501)	2/20/1998 2:57:00 PM
From: Machaon	Respond to of 32384

<< IMO it is foolish to make such predictions. >> Call me foolish. I don't publish most of my predictions, but I like to try and guess what is going to happen to a particular stock or sector. I invest in Fidelity Sectors, which has about 40 mutual funds representing 40 different sectors of our economy. You can actually see patterns and rotation from following the sectors. For today, I predicted a possible 3/8th move up, based on the positive LGND news releases. I guess I didn't take into account three factors: 1. Options expiration. 2. Negative day for biotechs. 3. Dumb luck. (in this case, bad). You can call me foolish, but most of all you can call me poorer, since my holdings are down. Regards, Bob