re: Pharmaceutical Stocks... are you buying?

I have before, but I typically don't. It's an easy way to get trapped. The decay guarantees a loss if you hold for too long.

So, unless momentum is carried in one direction for a sustained amount of time it's a losing proposition. But that's too hard to predict. It was a little easier when hildabeast's "witch hunt" on biotech was fresh in the news cycle. I held some labd there and was rewarded, but overall it's already risky enough.