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kiksbutt
Jun 19, 2014 5:49 PM

IBB Short

iShares Biotechnology ETFNASDAQ

Description

Parabolic run was broken, followed by a reasonable bounce thanks to the ASCO. Historically speaking, the trend lines suggest the pullback area in due time. Healthcare has seen astronomical returns which can't be sustained. Long term though, this will continue in the up trend. This sector will prosper.
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