daytrade diaries... thursday, page-83

  1. 5,331 Posts.

    hey guys,

    just be very cautious on the bio techs now, they have run extremely hard and one by one are being sold off, just make sure not to get caught on the wrong side of the trade. Already NEU,PRR,STI,SBN are well off recent highs IMI is sliding and PNO is starting to come off the 1.7c level.

    the only reason I pointed out OBJ was it hadn't run yet and it wouldn't surprise to see traders jump all over it, when they realise its one of the few bio's that hasn't taken off.

    due to time constraint's I haven't taken a stake in OBJ, but judging by the volume over the last two days something is brewing.
 
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