8/11/06 Update
A lousy week for biotechs and for the planet. At Friday's close, the Nasdaq Biotech Index was down -10.68% YTD (vs. -7.38% at the NBI's 8/4/06 close). The median for the 40 Charity Portfolios also fell for the week, and is now down -12.75% YTD (vs. -9.61% YTD at the prior week's close). Currently, just 4 of the 40 Charity Portfolios are in the black YTD and only 15 of the 40 portfolios are outperforming the NBI.
Although it took a hit, RKRW's portfolio remains in the lead and is now up 20.5% YTD. We do have a new No. 2, as CYRAN (up 12.2% YTD) has pulled ahead of Wilder (up 11.1% YTD).
Let's hope next week is more fun.
Here's the Unofficial Top Ten list on 8/11/06:
8/11/06
Rank Name Total
1 RKRW 20,454
2 CYRAN 12,230
3 WILDER 11,060
4 NIGEL 8,579
5 IJ -3,242
6 MIKE -3,437
7 KRUNCH -3,789
8 ICEBRG -4,982
9 TEXAS -5,204
10 ROBERT -5,767
(All corrections greatly appreciated.) |
