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Checking Up on Biotech

Stock quotes in this article: XBI , HHA , ENZ , ABI , BAY , HHM , GRX , EMS , AHG  

The Dow sank 281 points on Friday, Aug. 3, gained it all back and more the following Monday, Tuesday and Wednesday, then plunged again to finish the week. What a wild ride.

As we head into the weekend, I'm reminded of the advice Count Rugen gave Prince Humperdinck in The Princess Bride: "Get some rest -- if you haven't got your health, you haven't got anything."

Not every fund was sucked down by the credit crunch-induced selloff. This week a group of highly concentrated, narrow-focus exchange-traded funds stand out as best in class. All of the ETFs on the best-performing list, excluding the SPDR S&P Biotech(XBI Quote), are too new to be rated. ...

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