Remember the March bounce is just an intermediary step in the nassacre, in the last two nassacres, the Sox led the march on those type of bounces, the bios that are profitable (the like of IDPH, AMGN,, GENZ, BGEN and rich in cash (like MLNM) will probably have strong bounces, those with cash problems (like BPUR and others) will probably lag. I would be patient about going long, I think we have at least another 80 Naz points (maybe even 100) before we have the first leg of the GN-03 done with.
Zeev