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ground hog day, page-40

  1. 913 Posts.
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    Ground Hog Day again. On open it has fallen off a cliff, down almost 10% straight away.

    Any further falls and the SP will have dipped below the 3 month up-trend line. Either a great buying opportunity or you are trying to catch a falling knife.

    I am sure that it is not a leaking boat situation but other forces at work.

    I tend to agree that the Alzheimer trial results will probably be reported before the HD results so could be a few more weeks of selling going on. SP will have fallen almost 45% from its peak just a couple of weeks ago.

    As they say, up the escalator and down the lift and people who try to pick bottoms end up with smelly fingers.
 
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