Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Not from here on, for periods in between. For instance, I still expect a rough patch over the next 6 to 8 weeks here, during such periods, I expect "flight to safety" into the pharma . Furthermore, once clarity of the winner in the next election comes to the fore, Pharma could outperform as well, particularly in Bush will seem to be the winner, since some of the political uncertainty will be removed. It all depends how cheap they have gotten to in the interim. For instance, if MRK can be gotten at $44, a run to $60 to $66 during "phama exuberance" is a nice 40% to 50% gain. By the way, companies like TEVA and TARO performance will be, IMTO, divorced from the rest of the big pharma, and I expect them to excel.

Got back in BSTE at the half bucker plus discount here at $46.25. On the other hand, a bucker (almost) taken from BGEN here at $39.74 ($.96) and IDPH at $36.88 ($.84). I cannot get my discount on NVEC gave up back in at just $.15 discount from the high here at $34.75