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RealGenius

09/30/14 8:19 AM

#83355 RE: bigcat2 #83354

OT: Drop on positive news. I have been watching this also, with big board biotechs I've played recently separate from those listed or discussed on Sheff's board.

I am nervous this is an indication the bull market is over. Overhyped speculation during the run up but no continuation on positive news. Does this mean its all traders and no fundamentalists; big funds not seeing any fundamental increase in value after approvals, because the shareprice has already been overextended by enthusiastic retail traders?

bobkubecka

09/30/14 9:08 AM

#83356 RE: bigcat2 #83354

noticing the same here, This was at 8 i think yesterday. fwiw http://money.cnn.com/data/fear-and-greed/?iid=hp_ln

senderos

09/30/14 9:22 AM

#83357 RE: bigcat2 #83354

IMO, you are still seeing the "summer effect". Let's see what happens when the new fiscal quarter starts tomorrow. I predict that volumes increase, and pps moves more than now.

BeerIsGood

09/30/14 10:13 AM

#83359 RE: bigcat2 #83354

ACST did the same, dropping 25% on what appeared to be positive news