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Message from Yahoo Finance board:
Freeing Up Stem-Cell Research 11-Feb-09 01:21 pm
Tuesday, February 10, 2009
Three years ago, when Rene Rejo Pera was setting up a new lab at the University of California, San Francisco (UCSF), she had to make sure she had two of everything: one microscope for her federally funded lab, for example, and one for a privately funded replica next door. Because of funding restrictions on stem-cell research ordered by President George W. Bush in 2001, this was a redundant scenario played out in labs across the country. The edict specifically limited federal funding for embryonic stem-cell research to a small number of cell lines already in existence, leaving scientists who wanted to conduct cutting-edge research in this area scrambling for private money.
Scientists are now looking forward to an end of that edict. President Barack Obama promised during his campaign to overturn the order, and most expect the action to happen soon. "The imminent change in policy will quite literally allow us to take down these walls and integrate the laboratories in a way that will make the work move much more efficiently," says Arnold Kriegstein, director of the Broad Center of Regeneration Medicine and Stem Cell Research at UCSF.
The new policy is expected to mean that scientists will have unfettered access to newer, better embryonic stem cells, which will speed the pace of research. Even without funding restrictions, however, scientists receiving government grants could not use that money to generate new lines, which requires the destruction of an embryo. Kriegstein and others hope that the change will bring a new sense of legitimacy to an often embattled field, as well as return a leadership role to the National Institutes of Health (NIH), the nation's premier biomedical funding agency, in one of the most promising areas of biomedical research. Much of the research has shifted to institutes funded by state initiatives, such as the California Institute for Regenerative Medicine, or by private donors. In addition to limiting funding, "the other reality of [the Bush] policy is all the negative publicity it has created," says Tim Kamp, codirector of the Stem Cell and Regenerative Medicine Center at the University of Wisconsin. "Frankly, I think it did greater damage than funding restrictions, [in] that it scared many researchers away."
Despite the restrictions, U.S. scientists have employed embryonic stem cells for a broad range of research. Because the cells can develop into any tissue type, scientists are coming up with ways to prod them to differentiate into brain cells, heart cells, and other cell types, both to better understand the diseases that strike these tissues and to potentially create replacement tissue for therapies. But much of the most promising research has moved overseas.
Once the restriction is lifted, labs funded by federal dollars will be allowed to use most of the estimated 600 stem-cell lines that have been created around the globe. Researchers broadly agree that the newer lines, which were derived using more refined methods, are superior to the older ones. Using only the old lines is like "being required to use Microsoft Word 1998," says Jeanne Loring, director of the Center for Regenerative Medicine at the Scripps Research Institute, in La Jolla, CA.
In addition, the earlier lines were derived using animal products, making them largely unfit for therapeutic use. "There are hundreds of embryonic stem-cell lines out there that have been made under the best conditions, and some of them are patient ready," says John Gearhart, director of the Institute for Regenerative Medicine at the University of Pennsylvania, in Philadelphia. "They have greater utility, performance, and safety than [the Bush-approved] lines."
Buying Opportunity, wrong reaction to new about BBDA.
Already coming back up.
HI, I bought and sold a couple of times, but aren't all worried about losing gains! I am afraid to get back in at these levels.
I don't know how people are not nervous holding at these levels without taking profits! RSI above 90! It will drop soon, I hope.
Sold EESO @ 40% gain! Bought some INTC calls for the long run.
INTC is going to spend $7B upgrading its factories and is going hire 7000 people.
NEW YORK, Feb 10 (Reuters) - Intel Corp (INTC.O) plans to invest $7 billion over the next two years to build advanced manufacturing facilities in the United States that make faster, smaller chips that consume less energy.
The announcement comes less than a month after the world's largest maker of microprocessors used in personal computers said it would close plants in Southeast Asia and scale back U.S. operations under a restructuring that affects as many as 6,000 employees.
The investment funds deployment of Intel's 32 nanometer manufacturing technology, the company said.
Intel's investment will be made at existing manufacturing sites in Oregon, Arizona and New Mexico and will support some 7,000 jobs at those locations. The company said its total workforce in the U.S. is about 45,000. (Reporting by Franklin Paul; Editing by Derek Caney)
I bought a few shares of EESO this morning, now I am up 32%!
I am not sure if I should sell.
I am waiting for reentry point for EESO, hope it will pull back.
GERN forming a bullish flag?
FAS still going up, are you sure we should sell and buy FAZ?
Thanks
Qill.. Thanks for your help on all the buy/sell signals.
I am now in FAS
What do you see for GERN in your crystal ball?
Thanks
The 22 Rules of Trading
We give you Master Trader Dennis Gartman's 22 Rules of Trading, many of which you can apply to all sorts of life situations, as well as the markets.
Every day, Dennis Gartman gets up at bout 2:30 AM and writes an information packed 4 page newsletter on the world markets, oil, currencies, commodities political happenings and much more. He is read by the major trading houses and traders all over the world, as they stumble bleary eyed into work, grabbing the Gartman Report to find out what happened as they slept and to get insight as to what the issues of the day will be, and suggestions on how to trade. Dennis puts his trades on public display and talks you through his logic. It is a most remarkable work, and I find it a key part of my struggle in trying to keep up with what is going on. I am always amazed when on the occasions I find myself in the office at an early hour to find Dennis' letter hit my inbox about 5:00 AM. His travel schedule makes mine look tame, and from wherever in the world he finds himself, he writes and sends his letter. And he still maintains a single digit handicap on the golf course.
On the Friday after Thanksgiving, he publishes his "Rules of Trading," adding to them as wisdom increases. Here is today's list:
1. Never, under any circumstance add to a losing position.... ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin!
2. Trade like a mercenary guerrilla. We must fight on the winning side and be willing to change sides readily when one side has gained the upper hand.
3. Capital comes in two varieties: Mental and that which is in your pocket or account. Of the two types of capital, the mental is the more important and expensive of the two. Holding to losing positions costs measurable sums of actual capital, but it costs immeasurable sums of mental capital.
4. The objective is not to buy low and sell high, but to buy high and to sell higher. We can never know what price is "low." Nor can we know what price is "high." Always remember that sugar once fell from $1.25/lb to 2 cent/lb and seemed "cheap" many times along the way.
5. In bull markets we can only be long or neutral, and in bear markets we can only be short or neutral. That may seem self-evident; it is not, and it is a lesson learned too late by far too many.
6. "Markets can remain illogical longer than you or I can remain solvent," according to our good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are enormously inefficient despite what the academics believe.
7. Sell markets that show the greatest weakness, and buy those that show the greatest strength. Metaphorically, when bearish, throw your rocks into the wettest paper sack, for they break most readily. In bull markets, we need to ride upon the strongest winds... they shall carry us higher than shall lesser ones.
8. Try to trade the first day of a gap, for gaps usually indicate violent new action. We have come to respect "gaps" in our nearly thirty years of watching markets; when they happen (especially in stocks) they are usually very important.
9. Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In "good times," even errors are profitable; in "bad times" even the most well researched trades go awry. This is the nature of trading; accept it.
10. To trade successfully, think like a fundamentalist; trade like a technician. It is imperative that we understand the fundamentals driving a trade, but also that we understand the market's technicals. When we do, then, and only then, can we or should we, trade.
11. Respect "outside reversals" after extended bull or bear runs. Reversal days on the charts signal the final exhaustion of the bullish or bearish forces that drove the market previously. Respect them, and respect even more "weekly" and "monthly," reversals.
12. Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance.
13. Respect and embrace the very normal 50-62% retracements that take prices back to major trends. If a trade is missed, wait patiently for the market to retrace. Far more often than not, retracements happen... just as we are about to give up hope that they shall not.
14. An understanding of mass psychology is often more important than an understanding of economics. Markets are driven by human beings making human errors and also making super-human insights.
15. Establish initial positions on strength in bull markets and on weakness in bear markets. The first "addition" should also be added on strength as the market shows the trend to be working. Henceforth, subsequent additions are to be added on retracements.
16. Bear markets are more violent than are bull markets and so also are their retracements.
17. Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are "right" only 30% of the time, as long as our losses are small and our profits are large.
18. The market is the sum total of the wisdom ... and the ignorance...of all of those who deal in it; and we dare not argue with the market's wisdom. If we learn nothing more than this we've learned much indeed.
19. Do more of that which is working and less of that which is not: If a market is strong, buy more; if a market is weak, sell more. New highs are to be bought; new lows sold.
20. The hard trade is the right trade: If it is easy to sell, don't; and if it is easy to buy, don't. Do the trade that is hard to do and that which the crowd finds objectionable. Peter Steidelmeyer taught us this twenty five years ago and it holds truer now than then.
21. There is never one cockroach! This is the "winning" new rule submitted by our friend, Tom Powell.
22. All rules are meant to be broken: The trick is knowing when... and how infrequently this rule may be invoked!
Extracted from frontlinethoughts.com (and available from many web sites). Thanks Dave for sharing this
Quill,GERN moving again, buy sell or hold? Thaniks
Well, no such luck. I sold FAS yesterday when it was going down, to buy back later. Do you think the gap around $9 will be filled?
FRGY up 66%, ask now at .0015 may be good for a short term trade.
Chart, Is TGB still a WU play? It hit a low of .81, may be that is why your shares are sold. Are you going to buy back? Thanks
I didn't ask him. He said he would put out a PR soon.
May be you can call him tomorrow. Thanks
I talked to Alber Aimers, the CEO of FNGP today. He is always very accessible.
He said since the financial sector is doing very poorly now and they are going to diversify into other areas. He said he is going to put out some PRs about their plans in the near future. He also said there are no buyers right now but the volume of sales is also small. He is confident that they will turn the company around, but I think in current circumstances it will take longer.
He is actually planning on buying some himself to average down.
He reminded me that he bought a lot of shares last year and is not going to sell any anytime soon.
I will add some at these prices.
Yes, but I have not been watching at all, and I still have some shares in my account and suddenly I saw this, and I wanted to see if any one on the board knows anything.
JMON up 566%!! and nobody watching!
picked up some ACTC @.27
Gold and Silver are going to rally! So many good stocks, so little money! I am in FAS and GERN
Yes, i still have some. I will call A. Aimers on Monday
Take a look at AAAE
I hope so, I got some Feb 10 Calls
Good thing I didn't buy any more.All our money down the drain.
At least I sold some when it was 70 and 80 cents, got some money back.
FAS also trying to go green.
Got some Feb 10 calls on FAS @ 1.65
already up 12%!!
Quill, please take a look at EESO. Thanks
I sold a few @ .01 with 350% profit!!
Do you really think so? I was getting nervous holding this.
Since you got in, I feel a lot better.
Thanks, I am up over 100%, still holding.
IPRE, what do you think about EESO?
I have been stuck in it for a long time, finally moving.
Also DRYS looks like it has more upside, so I got 2 calls.
NEXM closing up close to the high of the day
i bought bgp @.65 this morning and it was going down, so sold @.61 and gOt onto CYCC
That make me feel a lot better. see insider buys:
http://finance.yahoo.com/q/it?s=NEXM
Well now NEXM is down to 19 Cents! I will wait till tomorrow.
Do you think we will hold CYCC overnight?
Because I already used up my 2 round trips for the 5 days. If I sell NEXM that will make it 3 and I can not do anymore for 5 days.