Could it be biotech? Check the chart of PBE - the PowerShares biotech offering. If we are on the precipice of a new sector ready to explode higher, it might be biotech. Broadly speaking, healthcare, and pharmaceuticals in particular, have been doing "better" of late. But the biotech ETFs seem to be picking up even more momentum. I've zoomed in on PBE's chart going back over a year, and it appears we may have broken through some important long term resistance levels. If she holds, this ETF may shoot higher.
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