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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (2441)	12/3/2004 10:45:33 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

Okay, that's great. One thing I like about the biotech sector is that it does not seem as correlated to the overall market.... I don't know what the correlation coefficient actually is, but if you have a source to find the r values (or the r-squared) of various (defined) sectors with respect to some index or benchmark, I would appreciate it. But it seems to me when the market is headed south, it is not usually too difficult to find long opportunities in that sector. T