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Strategies & Market Trends : General market lab and commentary

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Nov 12 4:00 PM EST

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From: Robohogs	5/10/2016 1:33:31 AM
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Biotech bears compared. We are still pretty close to the 2008/2009 analog BUT this recent downturn leaves need to do some upside work soon. Day counts high to low are within one day using closing prices. If one uses actual lows, the 2008/09 bear bottomed a full 100+ days earlier at its low near Day 100 (but bounced 5% day of that low at first bottom of 2008/09 bear). Most technicians believe the close is all though.

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