EXTENDED AREAS NOW LOOK LIKE THEY ARE ABOUT READY TO PULL IN

Written By: Garyk - Feb• 08•12

Just a word to the wise. Starting to see serious rotation. Extended areas now look like they are about to pull in. Number one candidate is the biotechs. Look where the bbh and ibb are in relation to recent move. I suspect they are now starting a deserved pullback and would wait for new entries.

Chart courtesy of StockCharts.com

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