Aside from what the chart says, do you know anything about SPPI? or, What the market cap may be with the many coming events, including an explosive 1st quarter, for SPPI?
Not sure I get it. I believe like you do that a correction "should" come soon...but so does everyone else. Market Club keeps calling for a correction even though it is a market timing system clearly suggesting a "long" position on the markets. The chart shows a wave 3 "up" chart...and while this is followed by a pullback, it is usually followed by a strong wave 5 up. Why does this chart suggest Armageddon?
7 comments:
so a rally in biotechs forebodes the final thrash of this bear market trap?
Aside from what the chart says, do you know anything about SPPI? or, What the market cap may be with the many coming events, including an explosive 1st quarter, for SPPI?
i'm already trapped in one of the biotechs b4 ax falls
is it preferrable to sell now Allan b4 it becomes worse?
serge
Biotech demise certainly does not bode well for the swine-flu basket.
Allan, I'll take Anon #2 from the top...DO YOUR OWN DARN RESEARCH...IF YOU KNOW HOW TO!!
Mike
Not sure I get it. I believe like you do that a correction "should" come soon...but so does everyone else. Market Club keeps calling for a correction even though it is a market timing system clearly suggesting a "long" position on the markets. The chart shows a wave 3 "up" chart...and while this is followed by a pullback, it is usually followed by a strong wave 5 up. Why does this chart suggest Armageddon?
What time frame are you talking about? My most bearish chart is the Weekly.
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