Very quiet in this forum guess some feeling a little jittery, I know the feeling. I wonder if my prediction a few days ago will come to pass. E.g. stock market a dummy rally and if so will Bio stocks be seen as the defensive stocks
http://hotcopper.com.au/post_single.asp?fid=1&tid=960081&msgid=5352472
I note that CSL looks to be going to open strong, COH is in break out mode if can hold, RMD looking as if about to run, I note RMD on the U.S. looks to be posting a upward wedge (strong upside potential)
http://stockcharts.com/h-sc/ui?s=rmd
I guess it is hard to know if the small bios would be seen as defensive, it will be interesting to see what happens on the open this morning.
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