Where Does It End

I gave up on all my healthcare positions. Spain decided that it was paying the pharma/biotech companies 22% less for drugs in order to help close their deficit. Where does it end? What will the US do when they are in the same position a few days or years down the road? The stocks are still dirt cheap but I cant live with that type of uncertainty.

1 comment:

Anonymous said...

Repost....


Anonymous Anonymous said...

Chart of S&P.

The market is following exactly, the last 3 corrections.
The end of Sept 09, Oct 09 and Jan 10.
The initial move lower, followed by a bounce higher then another move lower and finally the big push higher.

It looks like we could hit 1073 by the end of this month. Followed by a decent move higher.

good luck

May 14, 2010 1:20 PM