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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (28946)9/2/2000 2:29:13 PM
From: Casaubon  Read Replies (1) | Respond to of 42787
 
I don't think the biotechs are going to be effected by a Gore victory. Really, revenues from "old" medicines which have dubious pricing practices are the target. For instance, a cheap veterinary drug which is much more expensive for human useage. Anyway, all that goofy political non-sense is just for votes. I doubt there will be much of an impact on the economy.

The real boogey man is the inverted yield curve with the large negative current account. As long as employment remains high, this too shall pass in time.

Oh yeah, before I forget, the statistical study on chart patterns was the result of work from Professor Earl Davis of Purdue University. According to Dorsey the study was published as a manuscript called "Profit and Probabilities-Technical Analysis of the Price Fluctuations of Common Stocks". I hope that helps.