Biotech Values

[10nisman]

Let me get this straight, you think that those four criteria need to be met in order for the market to bottom? Good luck waiting for that.

Totally agree. Markets don't bottom based on economic data but when the last panic seller dumps his last share. Look at the bottom in March 2009 for a good example.

With respect to the S&P downgrade, the media and this board are completely overblowing the impacts (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65929545). The downgrade will cause additional volatility to the markets however when everything shakes out there will be an immaterial impact to rates. In 2002, Japan had a similar downgrade of its debt and the impact was insignificant.