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if unemployment can stay above 4%, bios should have another good day, cnbc cant do enough bio interviews since yesterday, cege is my favorite bio, did well on mygn yesterday,abgx, and cra, but they all move as a group, stay with the leaders for quickest move, on negative side, jury is still out to see if comp can move past 4500, move may fall apart at that level, at some point we will retest the lows, but today we can get further rally if unemployment numbers co-operate, at 3.9% unemployment though, im on the sideline till we find the bottom again |
