Saturday, October 12, 2013

ProShares Ultra Nasdaq Biotechn Stock Chart | BIB Interactive Chart - Yahoo! Finance

ProShares Ultra Nasdaq Biotechn Stock Chart | BIB Interactive Chart - Yahoo! Finance

Here is a link to BIB, a leveraged biotech index ETF.  I have included the same chart below because the Yahoo link will probably update the chart of BIB as time goes on, and the classic screen below might be missed. Notice how it is safe to own BIB when the price is above the 144 day line.  Also, as long as the 144 day line is still sloping upward, there is no need to worry about occasional downturns on the daily price chart.  BIB was up 92% for the year shown below.  How many stocks could beat that?

  

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