I guess that you werent expecting this Bear attack.
I just posted on Exel's board on how biotechs are being raped by these short hedgefunds. If you listen up close, it doesn't matter if a small cap bio beat earnings, they are getting ripped across the board.There ar ea few more weeks of this and then we may start seeing a move up back up. Today's bear raid will continue for at least 2 more weeks. Weather the storm or run like hell.