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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (5461)	8/12/1998 7:31:00 AM
From: JZGalt	Read Replies (1) \| Respond to of 9719

Rick, It is even better this morning as I write. Unfortunately enough internal damage has now been done such that any rally is likely to be sold into by the fund managers. Individuals are sending cash to the mutual funds and corporations are buying back stock, so the party isn't over. Eventually they will once again start to buy, but I'm assuming they will start once again with the large caps, not the biotechs, or any of the other groups that have been trashed in the past three months or so. I'll take the pop up since it will feel good to see black numbers (or green ones depending on you prefered portfolio manager), but I don't think it is anything like a trend. Dave