Jerry, The International Forecaster guy (Chapman) said that with the big real estate / CDO / derivative profit generating areas gone, Wall St firms and hedge funds then jumped into energy and food related plays to make up for the lost profits, and are quickly whipsawing back and forth from sector to sector, long then short then back again, to try and make up for the lost profits. I've given up trying to trade any of this stuff since moves don't last more than a day or two, and then suddenly reverse. Biotech has actually been an area of relative stability lately.