4 replies to this topic

[ogm]

[kaiser soze]

I agree with you.

As I mentioned before on another thread, I think mid-cap biotech is THE sector to be in.

I already had some Oct XBI calls. Added some IBB Sep calls. The sector is overbought by most measures-yet I think it can continue to move higher. QQQQ corrected from 50.00 to 48.80 the last few sessions but biotech did not drop. Very noticeable relative strength versus the Qs.

[eminimee]

Posted this a few weeks ago....I'm long since 161....get through top of wedge and the 200 and this could really motor..

http://siliconinvest...?msgid=23823177

http://stockcharts.c...0027&r=6783.png

[ogm]

Biotech is good sector to buy in uncertain environment. If you don't know what to buy.. buy biotech

[hiker]

CELG was included in this post about rising trenders in April 2006...interesting which ones have continued their uptrend

http://forums.techni...post?id=1041827

this weekly chart of CELG in Aug 2006 identified CELG as a good pick -

http://www.thestreet...y...E&cm_ite=NA

Edited by hiker, 06 September 2007 - 11:28 AM.