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Nephros, Inc. Message Board

vesemud8 1 post  |  Last Activity: May 1, 2014 9:36 AM Member since: Apr 6, 2000
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  • Using the 3 month, I'm seeing a bollinger pinch form on IBB and select names like ARIA, MNKD, and others. If this is a larger nasdaq move led by a temporary rally in oversold tech, then it could pull bio higher. If however, this is limited to just bio, I believe the move will be a very sharp downward decline. As most of the veterans of this board know, Bollinger doesn't signal direction, it signals probability of a large move one way or another. Keep cash folks and be ready to buy following a big sell-off (if the move is downard). Today will be anothe quiet day but I expect volume to pick up some tomorrow and next week will be wild! Vese

NEPH
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