Saturday, November 21, 2009

Healthcare, Bonds Up but Market Sags

S&P remains in breakout range. This week's fallback was nothing compared to what terror awaits the market as the health care movement advances today in the Senate. The moderate decline on a three-week test basis indicates that the market may explode next week.

What might this be predicting? Failure of the Health Care reform? Or passage? Healthcare stocks were strongest this week. What does it all mean? I guess you just need to follow the money.

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