MEDI, MLNM, PDLI, VRTX - Biotech Index Components 6 Month Charts: <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=bgen,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=ceph,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=chir,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=cra,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> Long Term Monthly Chart of the Biotech Index: <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$btk,uu[l,a]mhclynay[d19950101,20031231][pb50!b200!d20,2!f][ilb14!lk14!ll14!lp14,3,3!lah12,26,9]> <A HREF="http://finance.yahoo.com/q?s=@^btk&d=t" target="_new">http://finance.yahoo.com/q?s=@^btk&d=t</A> Biotechs wreck and BTK is oversold on the short-term chart. Looking for support around 420. If it fails, look for increasing momentum to the downside. <A HREF="http://www.optionetics.com/articles/article_full.asp?idNo=8860" target="_new">http://www.optionetics.com/articles/article_full.asp?idNo=8860</A>