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In February, those highs reach $176.51 and this level kept BBH from advancing for the entire month. In fact, the $170's held advances since the end of December 2008.The early March declines have now been mostly erased, and BBH is again closing in on those highs. If BBH closes above $176.51 in coming days, look for a continued rally to at least $184.38, the next resistance level. The Fibtimer.com (http://www.fibtimer.com) ETF Timing Strategy holds a position in Biotech HOLDRS. Frank Kollar has been timing the financial markets since 1982, with online service since 1996. He is a dedicated trend timer and his strategies exited the markets before the crash in 1987 as well as the bear market in 2000 through 2002. During the 2000-2002 bear market, his bearish positions resulted in gains exceeding 100 percent, all achieved by trading trends. Kollar's research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is. Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies. FinancialWire" ( http://www.financialwire.net ), an independent, proprietary news service of Investrend Communications, Inc., receives no compensation for its news or opinions. Further disclosure is at http://www.investrend.com/articles/secondlevel.asp?level=472 . To contact FinancialWire" write to inquiries@financialwire.net . Free annual reports for companies mentioned in the news are accessible via http://investrend.ar.wilink.com/?level=279 . http://www.financialwire.net For full details on HOLDRS Biotech ETF (BBH) click here. HOLDRS Biotech ETF (BBH) has Short Term PowerRatings of 4. Details on HOLDRS Biotech ETF (BBH) Short Term PowerRatings is available at This Link.
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