Post by
bullchart on Oct 22, 2015 10:38am
Cxr will not go outside this sector
It may lead the way out with earnings but as long as titthc is heading toward a 75 pt yr low and below 100, cxr and others will continue to find a real bottom. Ask the NHC people how they are feeling today. Fund managers did a sector rotation plain and simple.
Comment by
ruben12345 on Oct 22, 2015 10:41am
so ypu think we see a new bottom here?
Comment by
bullchart on Oct 22, 2015 10:45am
IF.... We have a bottom on the health sector, then yes.. 25 looks like a nice bottom. Others in this sector are still trying to find a proper sector valuation.
Comment by
bullchart on Oct 22, 2015 10:52am
At least it does not look like further lows in the sector before the weekend, which is good for cxr. The opens have to break today and hold in order to see if what is going on. Dow up 217 pts and this sector is saying ho hum so far.