We only have 2 choices:

1. Trend following: buy high sell higher;

2. Value investing: buy low and wait.

Unfortunately, neither concepts apply to biotechs which are essentially lotteries.

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回复:We only have 2 choices: -joy39217- 给 joy39217 发送悄悄话 (302 bytes) () 05/09/2007 postreply 16:03:18

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