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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: ItsAllCyclical who wrote (3497)6/16/2014 2:43:59 PM
From: The Ox  Read Replies (1) of 8239
 
I was looking at CBI and the industrial engineering sector. Just about every one has sold off within the past 5 to 15 trading days. The main exception was MDR, which had been totally hammered, but is now in a strong rebound mode for the past 6 weeks or so from the mid6s to the low 8s.

Might be a macro call by someone out there or simply a profit taking move? As far as I can tell, it's not a company specific move....
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