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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (812)4/27/1998 6:04:00 PM
From: Scott H. Davis  Respond to of 1720
 
[ISIP response] Thanks Rainier, and you are absolutely not responsible for any temporary paper loss. Since I'm actually supposed to be working full time (reality is much more than full time) in a "non-securities capacity", I don't try to do a lot of trading. Add to that time researching therapies for my son (multiple neuro, immuno and developmental disabilities)

I'm still in an info gathering mode. Doing a lot of analsis on potential investments, observing market responses, then TA to determine entry points. Once I think I've got those down well I'll address trading (exits & accumulation)

Bottom line is unless I see a change in the fundimentals, I'm holding ISIP (actually still have a SLIGHT paper profit, just a lot less than I had a while ago)

Still bullish on biotechs as a long term investment, but the sector is clearly not doing well last 2 weeks. VICL has bucked this trend last couple days (rising from 14 while NASDAQ tanks) I suspect another clinical development/announcement is brewing. Scott