4.09.2006

2ND CHANCE

The IBB was mentioned the other day as a potential long or put sale and it has only gone down since. My "proprietary" indicators tell me that the price is now the most stretched it has been from its short term moving averages since early October. In addition the 2 day RSI is now under 1 so it is indeed even a better short term play now (lol) than just a few days ago.

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