ES bounced pretty hard off the 1904...I am looking for a direction
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
LABU way over sold..due for a massive bounce...I am looking hard right now at 16.00
you're crazy if you long any biotechs at this stage
equities that are up 700% in 5 years tend to crash hard when the music stops
Well, LABU is a different beast. It tends to trade step for step with the ES
ES seems to want to run green today..although I am not sure how much higher green
ES seems to want to run green today..although I am not sure how much higher green
PriceChange is buying it just for a trade....thats what I did....
Im not staying with it for another 8 months or 3 years, Im waiting for biotech sector to put in a nice 10% rally, thats where I will sell all my LABU, I actually bought LABD this morning on the drop and I'm up about $4 a share on it in about 30 mins, not bad, going to sell it above $60 if it gets there today! But still holding LABU until at least $23+
If you do buy it keep a watch on it because it moves quickly!!!
Can easily move more than $1 in less than 15 minutes!
yea...LABU yesterday it was a screaming buy at 14.00..even today in at 16.00 its a fairly short trade. But Biotechs..even though they have moved 700% in 5 years, I don't think they will go straight down ..I think they will bounce and then drop another leg down
today shows signs of the bounce starting to happen
today shows signs of the bounce starting to happen
Nice to see this thread going strong since i was last here in 2007... Thus may be one of the best ROI threads in the history of the site... particularly off the `08 lows moon shot to our current levels... Heavy, Heavy