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Nasdaq and Biotechs getting slaughtered

Posted on 4/10/14 at 2:07 pm
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16901 posts
Posted on 4/10/14 at 2:07 pm
whyyyyyyyyyy

any news on this? is it just market volatility forcing the big boys to pull back?
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/10/14 at 2:10 pm to
Buying opportunity. I think the whole market is going to bleed until QE3 is over. Anything I buy in the next 12 months will probably be dividend aristocrats for the little security and just let them DRIP getting me new shares for when the market goes back up.
This post was edited on 4/10/14 at 2:12 pm
Posted by Maderan
Member since Feb 2005
806 posts
Posted on 4/10/14 at 2:14 pm to
Market vol and movement in anticipation of poor earnings season.
Posted by austiger
Austin
Member since Apr 2012
743 posts
Posted on 4/10/14 at 3:14 pm to
We are still more or less rangebound since the start of the year. Hell, we aren't even remotely close to bear territory. The play has been to buy as we approach the bottom support and sell when it doesn't break through the top.



Wake me up when we break either the blue or the purple trendlines above. In the meantime, play the range and use dips as buying opportunities.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10229 posts
Posted on 4/10/14 at 3:47 pm to
I like the way charty man thinks.
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