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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (69972)7/16/2008 4:52:52 PM
From: Elroy Jetson  Respond to of 74559
 
I've been hiding out in biotech which has continued to rise on both up and down days.

I prefer sectors that are out of the battle zone of financials and oil.

Now that I mentioned it it's probably jinxed.

But even when Genentech missed "earnings expectations" by 2 cents yesterday the whole sector continued to rise including Genentech.

I think there's a lot of institutional money moving there from other sectors.
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