Replies to post #5111 on Ariad Pharmaceuticals Inc fka ARIA

[BTH]

Everyone decided to take risk off the table today. NASDAQ is getting crushed as is the Biotech Index.

Why the hell they did, I have no idea. Remember, the market is run by whatever the computer says, these days..lol.

And no, I didn't sell yesterday (wish I had). I have no use for trying to "play the swings" and pick the top of good biotechs. Learned by lesson with INCY and a couple others that I thought I had good gains in, only to see them go up another 500%.

[bellweather1]

True,

It looks like a BBB(Biotech Blood Bath) couched within an overall market correction(VIX-+9.45%).

Such is often the fate of what are perceived as risk assets.

But as I noted, I bought more too.