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BTH

Followers 16
Posts 4145
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Alias Born 06/11/2010

BTH

Re: gpo344 post# 10

Thursday, 06/16/2011 11:10:42 AM

Thursday, June 16, 2011 11:10:42 AM

Post# of 41
I'm looking to sell my holding somewhere in the mid-teens in ARIA (purely based on technicals). I think ARIA drugs are great but I just think coming from the 2's to 15's, is enough and could be due for retracement of some sorts.

I do not know what I will be doing with that capital if I will be re-investing in equities, or real estate. The biggest problem I have with re-investing the capital in equities is finding a good place for it...considering the macro-market, and problems in the global economy (I really would like to liquidate everything in the near future and take a seat back and watch what happens). If QE3 comes back on the table, I would stay long everything personally.

BTW, people hate this market right now. If some sort of new stimulus comes on the table or they clear up the EU problem, yes, the market is definitely oversold here. 7 straight down weeks...c'mon....we are due for snapback at very least
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