Otherwise the whipsaws are against you... Super conservative
when taking profits. Greed doesn't work with with this one. Also I
don't expect XBI or IBB to fall out of bed, rather consolidate
first before the biotechs decide if a real breather is in
order.
Mike the biotech really made my week, glad I focused on that
sector on Monday, I played XBI, ANAC, sold a little early but they
were really nice. I missed the INSM yesterday but that's down
today. I own a few pms that I bought yesterday and pre market
and I'm short SSO
LABD
Posted by mla127 on 7th of Apr 2016 at 10:18 am
Looking good for a possible trade (Short IBB)
LABD
Posted by mla127 on 8th of Apr 2016 at 11:28 am
So far so good ....
I love to trade this, but XBI has to be overbought on the 1, 5, and 15
Posted by zitron on 7th of Apr 2016 at 10:21 am
Otherwise the whipsaws are against you... Super conservative when taking profits. Greed doesn't work with with this one. Also I don't expect XBI or IBB to fall out of bed, rather consolidate first before the biotechs decide if a real breather is in order.
That's what makes a market
Posted by mla127 on 7th of Apr 2016 at 10:28 am
That's what makes a market ... what looks long for one looks short for another ;)
Mike the biotech really made
Posted by matt on 7th of Apr 2016 at 10:28 am
Mike the biotech really made my week, glad I focused on that sector on Monday, I played XBI, ANAC, sold a little early but they were really nice. I missed the INSM yesterday but that's down today. I own a few pms that I bought yesterday and pre market and I'm short SSO
Well done! If there is one thing I am certain of, then it is how accurate so many BPT members are at the right time!
Posted by zitron on 7th of Apr 2016 at 10:35 am