IBB Short?

2019년 1월 14일

Looking at following Ken Tester short advice on the IBB, am I crazy? I see a historic growth pattern in Q1 but it does appear to have a dip upcoming in this trend. With the IBB having a near total North American fund it is exposed to political developments such as the shutdown, a new bill to lower prescription drug costs put forth by democrats in the house and with pharmaceuticals companies recent price increases, it seems like a legal battle brewing. I am anticipating a drop to retest it's Christmas woes below 89. Any thoughts?IBB

2019년 1월 14일

노트

China pulling back investment in US biotech. Chinese economy down below expectations. FTSE drop on the open. No end in sight for US gov't shutdown. Looking good...

2019년 1월 28일

노트

I ended up putting an expiry date of February 15th for the bulk of my options, hopefully this down trend will continue as I lost the options from the 25th already.

2019년 2월 4일

노트

boy oh boy, will this retest its lows or what?? My Ken Tester option expired worthless on the 25th, thanks Ken :/ Looking at another big loss if this doesn't break.

2019년 2월 15일

노트

Well this has been an excellent learning experience. 100% loss of a couple thousand dollars listening to Ken Tester over following historical data was a terrible no good bad idea. Ken Tester is dead to me.