Direxion Daily S&P Biotech Bear 3X Shares (LABD)

[THREE-DAY-TRADER]

Just relax. So far LABD at new lows under 20 while the XBI is testing towards the 65 resistance, which is what I've been warning about ever since August 11 when I traded out of it.
A good chance XBI breaks out yet further to new highs, so it's good to be on sidelines yet for time being.
{August 11 post}
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124467749

And if you miss out on LABD near 'bottom', there are always other trade opportunities. I've been watching others for new entry soon in addition to possibility of re-entry on LABD.
I always keep my options open & only go into a trade when I deem necessary (and never chasing). If something I watch goes up, i don't desperately chase it or fret too much, but instead focus on others.