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S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Biotechs stocks have been on fire - ready to take breather = Hold or sell

Date January 23, 2012    Comments Comments (2)    Rate this post Recommend This Post (28)   
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Biotech sector has been on fire for last 60 days and beat the overall market.


In my opionion it is ready to take 3 to 5% pull back. Folks have to take profit and ride the next sector.


Please do your own home work

Tags : AMGN   GILD   ONXX   REGN   CELG  

2 Comment(s):

Author BSNBC     Date January 24, 2012 10:05 Abuse this post Report Abuse
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i'm so skeptical of market going down. lol
every dip is buy opportunity.
central banks have flooded the market with liquidity.
Author rjm77me     Date January 24, 2012 11:56 Abuse this post Report Abuse
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That is why market works - Fear and Greed
One must take partial profits along the way or add positions if one thinks stock is going through the roof
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