I was in and out of this around .80 and .90 - just day trades because it was a lot more volatile then. I knew it was overbought and got in on the lows. Now, however, I think this may be a bit oversold. Agree with you on no movement til 2010.
BIEL is a similar story. I think the only reason this isn't getting driven down is a lot of people (including me :-( ) got in at higher levels and are holding out for FDA news and/or increased revenues.
Let's see if these two "darlings of 2009" have some life left in 2010.
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