In case this is the real McCoy, added back COO here at $28.18, only $.16 premium to last sale, telling me that there is no need to chase anything (g). Also got back in ADRX here at $8.76 and MERQ at $34.47, a real snorter that one, so I had to chase it.
Yes, but none of these are at clear sell levels yet. Sure it says it is a dangerous place to be long, it can stay that way for a while though...I think that the next 40 minutes or so will be critical. Difficult to say if the last three hours were consolidation or distribution, I lean toward the latter, thus took off the few traders I did play with and now wait to see the outcome (except a recent addition of BGEN at $32.00). The Dow is only 5 points from printing a nw HOD, and the Naz not fr behind...
Zeev
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