Written by: Arthur Daret
3/22/2009 8:14 PM

The market has posted a nice gain off of the March 9th lows. The pause here at the 50-day moving average isn't anything out of the norm. What we need to see now is another powerful up-day where we have heavy trading volume, good internals (advancers vs. decliners), and eventually, some new leadership emerge.

Healthcare stocks had been acting well until the threat of government negotiations for medicare reimbursements derailed them.http://uk.reuters.com/article/hotStocksNews/idUKN0533474220090305

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