So.. all the Hyperinflation crowd is shitting, all the strength and euphoria from yesterday has disappeared, into 8-4% losses this morning.
So we look at my chart of the top and bottom 15, and all the winners yesterday are losers today. and what is "Sort of stregnth" is, Retail Drug, healthcare, biotech, pharma, Consumer Non(safety)
I did a quick screen of non drug related health care. with stregnth this morning.
it can be viewed here.
I find it very likely that there will be a developing bubble in healthcare in the next 20 years.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, January 7, 2009
So...
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