Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Diagnocure CUR -- Ignore unavailable to you. Want to Upgrade?

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

To: Robert Dirks who wrote (107)	12/11/2000 11:52:15 PM
From: Mr. L. Neufeldt	Read Replies (1) \| Respond to 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.