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Biotech / Medical : Arena Pharmaceuticals (ARNA)
ARNA 99.990.0%Mar 15 5:00 PM EST
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To: wolfgangrene who wrote (2176)2/7/2014 1:15:21 PM
From: The Ox2 Recommendations

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Justinfo
wolfgangrene

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FWIW, we've hit my intermediate SPY target of 179.0. This is not to say this move up is over (by any means) and it certainly looks like we should continue to drift up.

Its just that I am more cautious in this area for a possible reversal back downward. Odds are we build strongly into the close, as more short covering takes place this afternoon.
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