Feeling Better...

Last week was a good indication of a short term market bottom. When you feel the pain of the market decline and almost feel like throwing in the towel; the market will start to move up. I think there's more to this rally than a one day bounce. Q4 has traditionally been the strongest quarter for the biotechs. My largest holdings continue to be the big cap biotechs (Amgen, Genentech and Genzyme). The big disappointment was in the big cap pharmas. I have a position in Pfizer and I don't need to explain further. Pfizer simply had a disastrous Q3, nothing positive at all. I wouldn't touch Pfizer and I may consider cutting that one loose. Looking forward to a strong finish...

Here are my current positions with todays % return:

Ticker	% Daily Return
Biogen IDEC (BIIB)	+1.43%
Boston Scientific (BSX)	+3.18%
CYTYC (CYTC)	+1.55%
Genzyme (GENZ)	+2.06%
Invitrogen (IVGN)	+4.12%
Johnson&Johnson (JNJ)	+0.05%
Microsoft (MSFT)	+1.29%
Pfizer (PFE)	-0.75%
Qiagen (QGEN)	+1.20%
NASDAQ 100 (QQQQ)	+1.58%
Sepracor (SEPR)	+2.66%
Amgen (AMGN)	+2.64%
Genentech (DNA)	+2.25%