OT: WATCHING FOR SIGNS OF A MAJOR MARKET CORRECTION
I certainly do not want to distract anyone as we draw near to our long-awaited BIG EVENT on SRPT: but I have a very simple 1 page chart with narrative that explains how I'm personally watching out for the beginnings of any possible MAJOR MARKET CORRECTION; and when based on how the markets are heading right now (barring any unexpected CRISIS) I do expect it to begin. If you would like to have a copy of my EASY TO FOLLOW Technical Analysis of this issue; just E-mail me at my YAHOO ADDRESS: bud_rolfs (and you should be able to guess the rest).
God bless and keep all of you...Bud
Don't say CRASH....it will only be a CORRECTION, and it probably will NOT start in the next 10 days. At least I have NO CURRENT SIGNAL at this point to say it has started.... I would NOT let anything take me out of SRPT over the next 2 or 3 weeks.
Not to butt in, but Bud refers to a "correction" not a "crash" and since developmental stage biotechs are notorious for trading without regard for the broad indices I would think that selling on a broad market correction when the timing of AA is unknown would be a terrible error in judgement. Just my two cents, of course. Happy hunting.