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Biotech / Medical : Diagnocure CUR

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To: Robert Dirks who wrote (107)	12/6/2000 10:48:40 PM
From: Mr. L. Neufeldt	Read Replies (1) of 132

It's fairly iffy as to wether we're done yet with the decline. I still see a lot of 'dead cat bounces' coming. Oil still drives our economy. Without a major decline in fuel prices shortly there will be an across the industry affect of a 40% increase in energy costs associated to end products. Current economic policy dictates that should inflation rise, interest rates will also rise. Actually the crash in '87 was the beginning of a broad market decline that didn't end until mid-'90. Three years! I think I posted somewhere on SI that the average length of declines is 1.75 years for the broad market. So at a minimum I guess I really don't anticipate seeing an end until around December/01. We're due for a minor/major correction. Maybe the market will just fall 50% from the March high during the next 12 months and we can get on with life. Here's some interesting data from my charts. During the last 50 years the US economy has had 7 recessionary periods and all have been when the Republicans have been in power. 3 during Eisenhowers term. 1 during Nixon 1 during Ford 1 during Regan 1 during Bush The American people can't be wrong. They obviously want another recession.

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