iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

BIOBALANCE

Here it is:

biobalance

This gets resolved tomorrow. Place your bets.

Really nice volume here late in the day.

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13 comments

  1. Chris

    my bet is long tomorrow morning on gap down on any fear from dem debate tonight. GL

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  2. bchu12

    *anxiously waiting.

    Can’t say i’m not nervous here

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  3. k_melancon

    Looking pretty ugly out there Time to go to a meeting and stop watching…

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  4. bchu12

    oil down, market down.

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    • Option Addict

      lol. What about yesterday?

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      • bchu12

        haha. i was just trying to convince myself of another reason why market is selling risk today. i wasn’t really referring it as a true correlation. just feeling the pain today

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  5. momo

    LABU action reminds me of last week – taking turns to scare the bears, then scare the bulls.

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    • bchu12

      one thing that is a plus is that 99% of the folks I follow on twitter is calling for another leg down in biotechs.

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  6. Steve

    If everyone is looking at the same pessimistic surveys, how does that play out?

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    • Option Addict

      Which survey are you referring to?

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      • Steve

        The one that comes to mind is the futures speculators positions. More like reports, not surveys.

        Guy on CNBC was just saying we are going higher because of so many pessimistic “surveys”. Well, if everyone already knows about them, then what?

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        • Option Addict

          Those are COT reports. It’s not opinion based, its position based.

          The little guy is net short. The little guy is always a good indicator.

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  7. purdy

    Tonight a socialist who rails against drug companies will debate a socialist who is in part financed by drug companies. I won’t a comfortable night for companies relying on fat margins in this cronyified industry. Nothing likely to change, but bad optics tonight.

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