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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (24926)1/27/2000 6:14:00 PM
From: Johnny Canuck  Respond to of 68108
 
The only problem is what to do about the tax man now. All those riches has price and in Canada that price is quite a bit steeper than in the good Ole USA.

It's at least a nice problem to have.

Are you being affected by the snow storms? I have a report of snow in Texas this afternoon, something that rarely happens I am told. On the west coast it has been one of the most mild on record for a long time.



To: j g cordes who wrote (24926)1/28/2000 8:56:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68108
 
Jim,

Biotechs to become a safe haven in a falling market?

biz.yahoo.com

If the market goes bearish typically money will eventually flow to biotechs as they have no earnings and the value is determined by what they will produces as opposed to cash flow or EPS.

Most of the biotech conferences were done in the fall, but this story might focus attention on this sector or at least the boring drug stocks as a temporary safe haven. Drug stocks were the only positive sector on my screen this afternoon. Even with the improved bonds the financials fell.




To: j g cordes who wrote (24926)1/29/2000 4:04:00 AM
From: Johnny Canuck  Read Replies (2) | Respond to of 68108
 
Jim,

A long term perspective on sector rotation.

yardeni.com