daytraders after market lounge 18th april 2012, page-3

  1. 5,331 Posts.

    if history repeats itself, when one of the spec Bio's has a spectacular run like CDY today, the hot money usually flows into others in the sector looking for more quick gains, this trend usually happens once every year.

    keep an eye on the likes of NEU/OBJ/ANP in coming days as they are the usual suspects when this move occurs.

    there was some strong buying in NEU right before close as Aksier pointed out, wouldn't surprise if it is the first one to go in the morning, if it breaks 2.8c it could go a nice gallop.


    as for CDY, didn't trade it as much as others on the thread but happy with a 5 pip move.

 
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