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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (11319)	12/23/2000 11:55:50 AM
From: Investor2	Read Replies (1) \| Respond to of 42834

There's a good post summarizing the status of the battle against cancer on the ENMD thread. Message 15076441 Excerpts: "Twenty nine years ago today, on December 23, 1971, President Richard Nixon declared the "War on Cancer" when he signed the National Cancer Act, expanding the mission of the National Cancer Institute and releasing major resources for the new National Cancer Program...... "WE SHALL CONQUER CANCER IN 20 YEARS!" (Richard Nixon) === "National Cancer Institute researchers have shown that rates of non- Hodgkin's lymphoma, kidney, brain, thyroid, bone marrow, liver and testes cancer have more than doubled in the general population since the last half of the past century." === "The United States spends about five times more per patient on chemotherapy than the United Kingdom, but survival for most common cancers does not differ." === "Did you know that...The U.S. Government spent more on Desert Storm in six months than it has spent funding cancer research in the last 30 years?" === "About 563,800 Americans died in 1999 from cancer, the second leading cause of death by disease. ... If a Titanic were to sink every day for five straight years, killing 1,500 passengers each time, wouldn't we sit up and take notice? ... To put things into perspective in Amercia, since May of 1998, over 1,250,000 men, women, and children have died from cancer. Enough to fill 833 Titanics or 2,500 747s." ========================================================== In this season of giving, let's not forget charities that fight this dreadful disease. Best wishes, I2

To: Investor2 who wrote (11319)	12/23/2000 2:51:10 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

Re: "W5000 Fund (3/24/00) -18.24%" It looks like the US market as a whole is less than 2% from an "official" bear market. Assuming, of course that one uses the 20% drop definition of bear market. Yes, indeed. I noticed this past week that IBD considers the 20% drop in 1998 as a bear market. Brinker does not as it would make his model wrong so he holds to intraday and no rounding allowed! -chuckle. I actually agree with Brinker that '98 was not a bear as it didn't last long enough at the low levels. Myself, I tend to think a bear market needs to have some duration but it is mostly word games. 1987 was a bear market for me on some definitions as the market dropped 30% and took many years to make new highs. 99% of my tech holdings in 1987 (HWP and IBM stock) dropped 50% or so and took 4 years to recover. If you were buy n hold on an index fund, then you just saw a steady gain each year and it looked more like a bull market unless you bought in with a lump sum right at the peak of 1987. The same may come true for the NASDAQ.