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Biotech / Medical : 2008 Biotech Stock Picking for Charity

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To: BulbaMan who wrote (106)1/18/2008 4:48:29 PM
From: BulbaMan  Read Replies (2) of 322
 
1/18/08 update
Another horrid week for Wall Street, with the Nasdaq Composite Index now decimated by -11.77% YTD. But, for whatever reason, the bears have found biotechs somewhat less appetizing in 2008, with the Nasdaq Biotech Index only down a mere -.31% YTD (compared to up 2.35% YTD a week ago). The median for Contest portfolios has also started the year less disastrously than the general market, closing the week down -3.67% YTD (vs. up 1.38% YTD a week ago).
At week's end, 11 of the 33 Contest portfolios were in the black YTD and 11 were beating the NBI as well. Although down for the week, ROCKY9's portfolio (up 9.4% YTD) held on to first place.
Enjoy the weekend everyone!
Below is the Top Ten list on 1/18/08:

1/18/08
Rank Name Total
1 ROCKY9 9,431
2 CASA 7,787
3 ROBERT 6,226
4 RCMAC 6,210
5 CASHBOY 4,620
6 HAMMER 2,469
7 JACK 1,673
8 STEVEL 854
9 PGONEIL 773
10 GEORGIA 502

(All corrections, especially adjustments for splits, greatly appreciated.)
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