Friday, March 04, 2005

Left Behind in the Rally

The market shot up with the good employment numbers. Unfortunately, my portfolio did not participate in this rally. This is what happens when you don't diversify. My portfolio is heavily over weight in the pharma / biotech sector. This sector is still affected by the negative news from Merck, Pfizer and Biogen. It will eventually come back into favor, but it's going to take some time. Johnson & Johnson is the only pharma that's making any good progress; it hit a 52 week high today. I wish I had more JNJ in my portfolio...


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