Wednesday, July 26, 2006

Healthcare looks wonderful


















Healthcare had a wonderful rally after being pummelled for the past few weeks. It has nicely based along a support and is now on its way up. It is by no means a clear cut rally with most of the moving averages still in the negative zone. But hey, moving averages are always slow, that's why they are called moving averages. The next few days will determine if this mini upward push will materialize to a rally.

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