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BB ..... GENZ GILD CELG have all pulled back about 10% from their recent highs. Looking for a retest and failure of these recent highs for a short side entry point.

 

You can use GLG.TO as a pattern match chart for GILD ... Look at GLG when it hit 20.06, it put a 2nd top @ 19.80 and then it was a great short all the way down to 13.00

 

 

Do your own DD

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Just got back from my weekly blood letting at the Coumadin Clinic.

Glad you're getting the finest in modern medical care. I know a barber who'll do that bloodletting cheaper than the clinic -- I think the name was Sweeney Todd...:

 

What's next -- trepanning? lol: :lol: :lol:

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BB ..... GENZ GILD CELG have all pulled back about 10% from their recent highs. Looking for a retest and failure of these recent highs for a short side entry point.

 

You can use GLG.TO as a pattern match chart for GILD ... Look at GLG when it hit 20.06, it put a 2nd top @ 19.80 and then it was a great short all the way down to 13.00

 

 

Do your own DD

No, I do not own DD.

 

As far as the biotechs. In my opinion is one of the strongest sectors and avoid to short on a swing basis. I do take day-trade shorts but I don't carry them overnight.

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I see Oyster using waves, good move

 

87.30 on SPY is a 50% off the 40 cents move down we just saw in wave 1

 

Then we go down about 64 cents from 87.30... this is how I do it, or try.

 

SG using Tempest now, no longer dealing with Q's... the weakest index decline coming is going to be the SPY

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Just got back from my weekly blood letting at the Coumadin Clinic.  

Glad you're getting the finest in modern medical care. I know a barber who'll do that bloodletting cheaper than the clinic -- I think the name was Sweeney Todd...:

 

What's next -- trepanning? lol: :lol: :lol:

You really know how to kick a mouse when he's a pint low dontcha! :angry:

 

:wink2:

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From Raptor

 

A major top appears to be complete with the highs for the year likely set. Add 950 to the list of numbers that may not be seen again for a while. 900 and even 850 are now on the endangered list.

 

Best to be short the SPY vs all other indices IMO

 

SG has 620-630 SP500 targets for end of wave 5.... over several months

already short - added BRPIX yesterday to the IRA account

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Just got back from my weekly blood letting at the Coumadin Clinic. ?

Glad you're getting the finest in modern medical care. I know a barber who'll do that bloodletting cheaper than the clinic -- I think the name was Sweeney Todd...:

 

What's next -- trepanning? lol: :lol: :lol:

You really know how to kick a mouse when he's a pint low dontcha! :angry:

 

:wink2:

That's what we need -- drive-in clinics!

 

Mousey to attendant: Check the fluid level, please

Attendant: You're a pint low

Mousey: Fill 'im up!

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