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bellweather1

06/12/13 3:21 PM

#31467 RE: piece o mind #31465

Basing-

been doing so in this 18 area for the last 3 months(a long time in the life of a volatile biotech)-

a product of numerous positive catalysts counterbalanced by a lull/topping erosion in the entire sector(IBB) we're still(whether we like it or not) wed to.

Unfortunately, as perceived risk( $Vix.x)increases, risky assets get downgraded,

and we still just aren't strong enough to break free from this sector noose...