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Biotech / Medical : Diagnocure CUR

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To: Robert Dirks who wrote (107)12/11/2000 11:52:15 PM
From: Mr. L. Neufeldt  Read Replies (1) of 132
 
Hmmm! My charts indicate that the total return market in US stocks took 3-1/2 years to recover after the '87 crash. Overall the broad market climbed, however, it traded within a narrow range.
Am I bearish? I like to think I'm a realist. This market has climbed unabated since summer of 1990. That's way to long without a correction.
Take for example '64 to '74, there was zero overall return in the total of all US stocks. I wouldn't have appreciated my returns during that period. Of course I was only 4 when it started and 14 when it ended. ;-) So is what we have going on now a repeat? I hope not and I think not but hindsight is 20/20.

The market correction in duration should be a minimum of 1.75 years on average. Oil prices are not going down. Therefore the economy will continue to suffer in the short term regardless, IMO, of all the so called professional analysts saying we will have 4% growth this year in Canada. What we will see is inflation on goods due to higher energy costs.

What I like about pharmaceuticals is that inflation or economy generally doesn't affect their potential or revenue.
I'm trusting that CUR is one of these.
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