daytrade diaries... may 15 part 2, page-120

All I've learnt looking back at my charts for the Mar-May bull run was that companies perceived as quality stocks don't tend to get sold off too hard in a day, or IF they do, it's followed by just as strong buying the following day, eg CUS, MRU, PXS (check their charts - you wouldn't sell now). None of these stocks will give a great return day trading, but over two months? Wow, very nice....easy to sleep with!

I reckon there are some signs a sustained biotech rally may be in place. Not the usual 2-3 day pump/dump.