Hey E:
Yesterday's stealth rally caught me sleeping. At about 10:30 with the Naz falling under 2400, I was 90% cash, had sold most of my semi's, and was looking for new lows. I came back for a check in two hours and everything had turned and left me in the dust...
In health care, I'm looking at FRX, CAH, UNH, GENZ. All are poised to breakout with any strength. However, after yesterday and today, it's hard to look at anything but opticals, semi's and other hard techs.
2508 looks to hold, and 2550 may well hold. If so, I'm looking for this to be the turn for continued test of 2800.
cb |