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Registered User
Joined: 4/18/2005
Posts: 4,090
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anyone have thoughts on CMED... short term?
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Registered User
Joined: 1/8/2007
Posts: 56
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I found it interesting to evaluate using Diceman's recent post on Bull/ Bear phases. It would appear it is in the "Warning" stage.
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Registered User
Joined: 4/8/2006
Posts: 5
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 chart is horrible looking, I do not trust Chinese companies further than I can throw them and healthcare is a dead sector in the US. No dice, no way.
See my other note, this is not working. Go to US companies with China exposure. Here are a few, BNS - take a look on a pullback to the bottom of the range - a solid company! GS - ready to break to 230 - 240...just need a few more ppl on the train..you can join.
POT..about to report this week, could be at 200 in a blink and a much better spec play than CMED.
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Registered User
Joined: 4/8/2006
Posts: 5
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Sorry...meant a few others to look at...not that they have China exposure. Although, you know Goldman does..and BNS is a Canadian bank..so a good weak dollar play.
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Registered User
Joined: 4/18/2005
Posts: 4,090
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cmugnolo
Read you on the China thing. I am 99% certain that I don't want to touch any chinese plays... but there are allot of people that are china crazy right now. I'm plenty happy to take their money. It is featured frequently in the investment news still.
I however disagree that healthcare is a dead sector in the US. that dosent make sense to me. Right now the poulation pyramid is inverted or swollen. All those babyboomers are getting older and want to main tain a high quality of life. some sectors may be corecting or consolidating but i think health care is going to boom soon. Biotech seems to be getting allot of institutional attention right now. the medical advances that are being come up with right now are staggering, to me. those that are deemed safe by the FDA(which shoulden't be a huge problem for most) will eventually make it to market. many will be pushed and marketd directly to us. There is a rising trend now of people going to their doctors to ask about drugs or treatments that they saw on comercials. Many doctors simply acquiesce, and write the perscription. IN many cases we are given an ultimatum. In Iowa I MUST give my daughter the chicken pox vaccine...though it is definately NOT in her best interest. If she catches chickenpox as a child it is no problem and it cannever be caught again. If she misses a booster shot as an adult and catches it it could be deadly.
No healthcare will continue to chug along IMO. I think it will build steam until the situation with our healthcare system and insurance comes to a head and is redesigned.
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