On the 28th, I published going short on XBI (via LABD). Well... my call started just about right. I announced a small pop and then a price pull-back. This worked well until it didn't. Is just like if bulls had read my post and tried to trap us. They pushed the price higher and barely broke the resistance line we'd been watching for the past week. What was I...
Watch for a small pop at tomorrow opening (9/29). Then, we should see some down-fall. How much will it correct? It's uncertain when the bearish trend will start but we should see high 83's in the next few days. I go short for the next few trading days.