I am neither long SARK or short ARKK, but if I was I would let the market decide for me and not some random forum comment it isn't worth holding on just .... because.I'm probably early, but I don't try to pick tops or bottoms. Her fund already went down over 60%. The upside to holding on isn't worth it. Best to take the meat of the move to something more lucrative. It's a short of companies that aren't going bankrupt anytime soon. This winner can only run so much.
Don't know your age but I was around and trading when Pets.com/The Globe.com/Webvan/Geocities and many others blew up in the 2000 techwreck never to be heard from again. Cathy Woods was around then too but apparently did not learn from it.
Maybe I'll turn out to be the one that is wrong but Elliott Wave count on my chart shows another $20 (minimum) to go before a likely bottom.