DJIA is down again. 9971 and counting

breakingnews · 07-23-2004, 02:17 PM

Yes, smack in the middle of a very, very disappointing earnings season, which means I've been working 12-hour days for the past two weeks, and will probably put in a couple more long ones next week.

Great bargain buys out there right now. Look away from the tech sector and go for pharma and biotech. Energy companies are also great buys as the price of oil continues upward.

IPO market is a disaster, even though it's doing much much better than the past 3 years. Actually, of the 100 IPOs, only pharmas are doing somewhat well, although their average return dipped into negatives this week.

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07-23-2004, 02:17 PM	#2
breakingnews Q_Q Join Date: Oct 2003 Location: somewhere in between Posts: 995	Yes, smack in the middle of a very, very disappointing earnings season, which means I've been working 12-hour days for the past two weeks, and will probably put in a couple more long ones next week. Great bargain buys out there right now. Look away from the tech sector and go for pharma and biotech. Energy companies are also great buys as the price of oil continues upward. IPO market is a disaster, even though it's doing much much better than the past 3 years. Actually, of the 100 IPOs, only pharmas are doing somewhat well, although their average return dipped into negatives this week.

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