momo-T/FIF Message Board

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Biotech / Medical : momo-T/FIF

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To: Robohogs who wrote (11769)	10/30/2018 11:35:45 AM
From: Robohogs	Read Replies (2) of 12215

My operative view is that this initial plunge may have ended. A friend and I text all day long usually, and after xbi flipped up 2 to down, I commented that I thought it would come back. Xbi components above 50% of BBs were like 5-6 earlier. That means 5-6% of components above the 20D. Only recent previous occurrences at extremes. Crashed from there in Jan 2016. Some timrs can be bottom. I am seeing patterns that the waterfall may be breaking though. All dependent on not shooting down this or next week. Best case today would be rally to the close for FANG and bios. One scenaro folks should consider is that FANG is done and mkts are done. But we get a few month pause. I still think bios might do a 2000 up move as FANG is dead. Then we all die. Just a thought.

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