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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 (2187)2/7/2014 1:58:14 PM
From: The Ox   of 2274
 
Pretty remarkable bounce these last 3 days. Nearly 60 SPX points. VXX went down almost 10 points in the last 2 days....from 54 to 44.50.

Not sure that tired alone will stop this, as I think it's more "nuking the shorts". A few days ago they ran the long's stops down into the double bottom. My guess is they are now doing the same to the shorts.

With this in mind, it could go either way, as we've come a very long way in less than 3 trading days!
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