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Biotech / Medical : Arena Pharmaceuticals (ARNA)
ARNA 99.990.0%Mar 15 5:00 PM EST

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To: Justinfo who wrote (2062)12/16/2013 11:20:04 AM
From: wolfgangrene  Read Replies (1) of 2274
 
Justin,
you're probably correct. My problem with this trade was, I like to be out of a 15 min chart trade in 24 hours or less and I had Dec. 21st calls. Stepping back out today on this bounce seemed prudent in light of the gap left open this morning.
But longer term, I posted this chart to robov, on the McEwen board last week with the caveat, "I might be crazy, but"..... holding over 1780.68 and there is a mathematical target at 2471.53 in play. Long shot, but in play, never the less.
Notice the quintessential 'pincher' play in a chart representing the entire market place back in the 2008 crash. I don't know if anyone else anywhere was watching that back in late 2008 early 2009.

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