Bruce, I think that we had about 50% of the rally we are going to have on the Naz (my target is still just the 1526/55 area), yes Bio may lead here, but MLNM is not making money and had a solid move, I am sticking mostly with those that make money. Once we go into another down turn on the Naz, I fear the bio sector will be hit hard again. I don't follow ABGX. Right here a 1365 we are only some 35 Naz points from a major overhead resistance, so I would be careful about deploying for the mid term, I would rather wait for a retrenchment to the 1300 area for more medium term deployments in the sector.
Zeev
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