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S&P 500
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1.15%
)
US TECH 100
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1.10%
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Ecomike

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Re: Zilla post# 10

Tuesday, 11/10/2009 7:16:52 PM

Tuesday, November 10, 2009 7:16:52 PM

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NVS broke out on top of a 3-4 year upper down trend line at about $50/share a few weeks ago. Since then it has bucked the recent downward stock market correction and has proceeded to climb, hitting new 52 week highs a number of times the last 3 weeks including the last 2 days in a row. Also NVS has recently announced a commitment to move into the China bio-pharmaceuticals market with a $1 billion dollar budget.

I have been long NVS for about 6 months.
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