Biotech's Rally Fuels Bubble Fears
This is an interesting article about the high-risk, high reward biotech stocks. These stocks and their index ETFs such as BIB and XBI sold off heavily today. The party may be over in biotech for a while, and it would probably be best to sell your biotech stocks now before they drop further. You will probably be able to buy the stocks back in a few months at a much lower price.
MSN also had another article concerning transportation stocks which also sold off. The transportation index never matched the new high of the Dow a few weeks ago, and many believe this is a sign that stocks in general will go lower rather than higher. So, it would be prudent to reduce any transportation stock holdings and buy them back later when the current storm is over.
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