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Biotech / Medical : biotech firesales
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To: tuck who wrote (3591)10/22/2018 3:05:50 PM
From: Miljenko Zuanic   of 3661
 
<As such, my strategy is to short the indexes as a hedge for long position in biotechs.>
Bounce = ?
Event that can move sector is SITC/ASH....or some decent acquisition....but, as ESMO teach as...better to be silent than any report.

Fear of "new drug price power lost" is far to great than any positive development. And, it is for good reason, IMO.
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