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Re: zoomboom post# 109532

Tuesday, 10/21/2014 5:12:27 PM

Tuesday, October 21, 2014 5:12:27 PM

Post# of 130502
Zoom: Thank you for your response. I didn't quarrel with Brick's opinion. I just clarified the 'hammer' was on a weekly, but not the daily chart. I also was pointing out that a number of these small cap bios and pharmas are being hit similarly (The IBB was down 12%. Yes, I know many think that index has nothing to do with these we are speaking of. I happen to disagree.) and that some of our 'reliable' indicators are producing wrong signals possibly due to the lengthy extension of the down cycle.