OUCH !! This past week or so saw north american markets drop 500+ points. Not a healthy situation when we are trying to make money. My charts certainly showed the effects of this drop but I’m quite sure things will improve going forward. Global financial news hasn’t shown any real reason for this scenario to occur, rather I would be inclined to blame disappointing analyst expectations etc. Sometimes/often I wonder how accurate their numbers reflect reality.
I still believe pharmaceutical mutual funds is a very good place to be invested at this time.