RE:RE:RE:RE:RE:RE:RE:STOCKCOACH The stocks within IBB determine it's price, not the other way around.
I agree but when IBB goes up (or the leaders of the IBB, meaning the highest %weight stocks),
then computers are programmed to buy the others like CXRX and down, vice versa.
Computers buy and sell 70% of trades and they follow the weighted stocks in the IBB wiht
CXR following it.
All you have to do is check, The moment the IBB turned around, CXR turned around at the same time.
What I am saying with all this is that if CXR does $8 this year instead of 6.50, and the IBB is
at 250 instead of around 300 where it is now, CXR wont get past $60-65CAN.
I know you will all disagree with this.
I don't blame you guys.
CXR is my largest position.