Robert Armknecht
Robert Armknecht
rotation seeing
We are seeing a rotation back into some of the real companies, if you will.
buy buying changed dips early happened people psychology rather selling time
For a long time the psychology was to buy on the dips and I think the psychology has changed, and it changed in early March. And what's happened is we now see people selling into the rallies rather than buying on the dips.
action associated beginning cathartic coming companies earnings gone good growing last negative price remaining report retrospect
There was a lot of price action last week, which is often associated in retrospect with a cathartic washout. We've gone through the negative pre-announcement of earnings disappointments and now the remaining companies are beginning to report as good as expected, or better-than-expected numbers. And there's this growing sense that the end of the world may not be coming after all.
care chains health store
If health care is important, then distributors are important. Drug store chains are important.