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Biotech stocks brokeout today. Its official uptrend for biotech. From this point forward buy the dips.
This is the chart I posted on May 30th. I was saying at that time that there are signs of a move happening in this sector and that new up trend is possible. I said it in a shorthand version [...]
02 Oct
Posted by Sensei @ 3:53 pm | categorized under: Market Comments, Trades
Sold the CAB calls, bought DIA puts and IWM puts. I’m up nice on IWM puts, but still down a bit in the DIA puts. I think the dow will continue to selloff though and make those profitable.
I also swapped my index funds to the short side this morning. We may have to wait till [...]
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