Showing posts with label Biotechnology. Show all posts
Showing posts with label Biotechnology. Show all posts

Thursday, February 19, 2009

Biotech

Biotech has bee one of the outperformers lately. If we can hold the November lows in the Dow then I'll be looking at this Industry.


I found THRX, which may work.

I was in GILD on Wednesday but got shaken out when it looked like the market might break down. I should have stayed in, and I won't hesitate to re-enter if it looks like we can hold the lows.

Friday, February 13, 2009

GILD

I also got long some Gildead today. This trade was the same case as my BSX trade. GILD and the rest of Biotech have been outperforming the market for a while now. The latest pullback provides another high risk/reward trade.