Originally posted by AThousandYoungwatch out with the biotech market. in 1995 it was almost completly wiped out down to no bids in one day, that is when david Blech controlled every bid. bet on a biotech index and you will get a well diversified group , nice cross section of biotech stocks that will give you a great return if the biotech industry as a whole advances to a decent degree. don't bet on one pony bet on the whole track. good luck. b.
I've been following the biotech market at wallstreetpros.com. It seems pretty stable.
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Originally posted by big bernWhat's a biotech index?
watch out with the biotech market. in 1995 it was almost completly wiped out down to no bids in one day, that is when david Blech controlled every bid. bet on a biotech index and you will get a well diversified group , nice cross section of biotech stocks that will give you a great return if the biotech industry as a whole advances to a decent degree. don't bet on one pony bet on the whole track. good luck. b.
I've managed to make $2,000 of virtual money with a $100,000 investment on wallstreetpros.com. My virtual stocks are almost all in biotech, so I guess it's doing all right.
