Replies to post #84122 on Biotech Values

[wallstarb]

In a weak tape we'll probrably see it in a week or so. Biotechs are out of favor for the next month or 2 and will see (in general) selling of pops rather then buying of dips.

Looks for a high volume down day near support. But it's not a crystal ball - but it is more likely then not we see nearly all the bio pumps from the last 6 months consolidate and base, and the really crummy ones break down and test May/June lows. ie.e CTIC should see < $1 next 2 weeks unless they pull some cure for cancer out their arse.