BIIB tried to follow through on Tuesday's breakout but was knocked back down. I'm trying to hold on. This morning BAX fell on news that BIIB's drugs are making big inroads on Baxter's Hemophilia drugs.
EBAY Carl Icahn green mail to the rescue?
IBM Got hit early yesterday but gave the shorts a battle closing strong. Lets see if it can take out yesterday's low and then major support. Will the sale to Lenovo make investors think that IBM is serious about turning things around? Or will investors want to see a new successful strategy? Still a tough short on a tight leash.
MDSO Clean breakout for this thinly traded stock
FB Fake Book pulled a fast one yesterday. An early morning breakout was orchestrated by some smart ass institution in order to create a high volume buying frenzy, into which the big money sold their position in size under cover. Touche! You got me. I bought in but sold immediately for a loss when it fell below the breakout point. I would rather take the small loss than wait for some artificial number like say the 8% or so that O'Neal says to use. I can always get back in and FB is back in the base, not busted. Set your price alert at yesterday's high.
$SPX in tight volatility squeeze. Still range bound
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