VPHM cc was great, and reassuring, but the damage has been done to the momo participation. I see nothing ugly ahead that makes me think I should run, nor do I see a big windfall ahead in the short term for VPHM. Gotta admit, however, that the generic-induced panic attack made me queazzzzy.
Though we cannot EXPECT a quick resumption of the upward trend, we could see hedge funds and more institutions buying again to help VPHM (little toot) make it up the hill again.
Prediction: It's a crapshoot short term. but fundamentals are good enough to expect a slow and steady climb to resume in the next week or two. I think we will see a new high by yearend, and maybe even by end of November. A few more bullish recommendations by analysts would really help here.
Good luck to VPHMlongs.
Paul Litman: "Avoid panic selling & avoid overconfident buying."