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Re: None

Tuesday, 04/15/2014 3:26:25 PM

Tuesday, April 15, 2014 3:26:25 PM

Post# of 8441
Hmmmm maybe a green close after this crazy day.... I suspect two things are happening here, buying has come back in on Biotechs and some short covering is occurring also. This is likely due to the NASDAQ hitting a 10% discount today and also bouncing off the 200ma. Many traders were looking for a 10% correction and yes there are some still out there hoping for a 20% correction. I guess we will se come tomorrow if we test this again or move up.

I bought again at $3.42.... So far it looks good but I am not calling it all clear just yet.
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