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To: Rarebird who wrote (14550)8/11/2022 3:30:18 PM
From: Rarebird  Read Replies (1) | Respond to of 26251
 
I spoke to a friend of mine in NYC last night who was long XBI and he was telling me that a break of $95 means $100 is coming in the next rally. Well, it broke $95 intraday and is now close to $90. I'm still short. I have learned from years of shorting that stocks often make marginal higher highs and then sell off big. You need nerves of steel for XBI and cloud stocks.