Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

expect a mild bullish trend over the next two three weeks

Agree with your view but thinking that biotech sector may be "safest and strongest" sector for the muted rise. Retail sales is going to flatten the tech sector space and no number of cell phone sales is going to make QCOM NXTL or PCS charts look rosy.

As of last week, I thought Congress will have laid off "health care reform" but Frist is only medical doctor in Senate and may want to deliver a "major" Congressional bill to Bush to sign quickly. It would take our minds off sticky foreign policy efforts and make Democrats look more so ineffectual after carrying the health care banner for so long with no results.

Bill would be just lip service to issue of wider health care access and would be profit irrelevant to the health care stocks. Just another ineffectual sham agency to accept constituent paperwork without transferring any governmental money like medicare or effecting business environment at health care companies like FDA.