The good ship RVX is sailing in some rough waters right now.....I'm not big on excuses, but obviously RVX is not an island, and it is going to be affected by overall market sentiment in general and by the mood for biotech stocks in particular.

I'm seeing all the major indexes trading lower...the Naz is down over 2% as I write this, and in Canada I'm seeing the TSX down close to 2% as the market seems to be expecting another interest rate cut from the BOC....which obviously means expectations for the Canadian economy are not good.

On the biotech side I look at IBB which has cratered this month....and is down almost 5% just today.

Yes, we're in rough waters...but RVX seems to be more than holding its own.