AND THE END OF QUARTER STARTS

Yesterday, we told you that the non-existent, end-of-quarter, illegal window dressing period would start. Dang…that was a good start. But not much has changed. The worst areas remain worst…the best areas remain best with one little change. It seems the BIOTECHS are ready for another leg up as many ramped and romped on Wednesday. The BIOTECH ETFs nudged out of range while big cap leaders like AMGN,CELG,GILD act well while BIIB comes up its right side. Also, a smaller name in REGN working. Keep in mind, there is a lot of ‘chatter” on a daily basis about the next rumored buyout in this group and other medical areas. 4 more days in the quarter and doubting the boys let go.