Hi Peter... biotech -- all I know is one of the better F/A guys on SI got bullish when the BTK was at 400 (discounting the balance sheet creativity) - figured it was close enuff to the bottom. What I know for sure, is that I move too darn slow to trade with my face squarely in the wind. -- BTK down another 2-1/2% today, so I'd say you're running a little out of step.
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