Great summary as always HLL
Can I suggest that traders have a look at the XBI from the US - the biotechnology ETS. It looks great and appears to be about to break topside. OK, it doesn't necessarily follow that if traders buy biotechs in the US, traders will automatically follow suit here but there is a pretty good chance of it occurring. Giz's AVH has been popular but it hit a brick wall at 25 last week. However, I think I might just hang in there for a bit and see if the XBI breaks topside.
Could I also be so bold to ask traders what other biotech's are worth looking at. The last time I went though the list is appeared to me to be a graveyard for traders funds so I am trying to narrow down the stocks that are worthy of attention. Any help would be greatly appreciated.
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