BIIB position exited @ $63.25---short term profit

We exited our position in BIIB @$63.25 for a small profit. We won't fight the market in this stock. We will add to a new position at the appropriate point.


We see the market as a trading market until the Fed meets on Sept. 18, 2007. Our strategy will be to enter positions for small term profits.

Volatility is flat indicating no major moves other than on news.