Well, I did have to free up some funds to play MGM... but now that (imo) that play is well, played out, I am back in the biotechs... I think that this swine flu scare, although it may not amount to much in the long term, will certainly cause a couple of trends in the biotechs....
1) massive runup in the antiviral specific stocks (i.e. bcrx, nvax, etc etc...)
...which we have already seen
2) a runup in biotechs in general...
As the swine flu issue has caused money to flow into some biotechs, I think it will cause a rotation of money into biotechs in general, as the money hasn't really rotated back into them yet, but I feel it will...
-I may not hold HGSI for months to capitalize on the money flowing back into biotechs, but I think it may have a run into earnings... we have a nice cup and handle forming on HGSI in the meantime...
g