Good analysis of the biotech market. Completely agree with you. Definitely getting old but trying to pick the bottom will be tough. It needs to put in more than one good day.
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What a head-fake morning rally by the XBI, down, spike up, then crash down again.
This is getting old, like Lucy pulling the football from Charlie Brown for the umpteenth time in the old Snoopy comic strip.
But at some point biotech sector should bottom. Trying to pick and perfectly time that bottom will likely be very exasperating.
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