RE:Short covering vs accumulation...A little bit of short covering but mostly hedge funds going long IMO. A lot of money managers went into too much cash at the beginning of the year and did not believe in this rally. Now everything is up for several weeks and this rally looks more real by day. They are forced into buying. Otherwise no way they can catch up the market by the quarter end or year end. People favor value stocks in this market and healthcare belongs to that group though with less love. If this rally has legs, I think healthcare could get going.