Wednesday, October 3, 2007

Biotech & Pharma - IBB, PPH

Both are showing nice gains today and have gained nicely since Monday. IBB +2% PPH +1.8% on the week as of this post.

Fast Money's Pete Najarian called this sector last week. 4th quarter is historically the strongest period for these stocks. Looks like that trend is continuing to play out.

These trade with about a $.04 bid-ask spread, so not too bad.

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