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Vertex Pharmaceuticals Incorporated Message Board

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  • ewave535 ewave535 Feb 18, 2006 10:13 PM Flag

    Wind

    It won't be lucky, it is history, which tends to repeat. You remember the old saying "those who ignore history are doomed to repeat it?"
    In other places, I said before 2005 began, it had an excellent year of being positive-in fact, over the last 140 years, there has NEVER been a year ending in 5 that wasn't an up year. 2005 made it 15 for 15.

    Bird Flu is not a factor to me. Some in the press will assign any blame to any move, but it is, what it is. Here is a story for you.
    It was in the middle of Oct. of 2001 I think, when the anthrax attacks were happening. I was studying my Nasdaq chart one night, and identified an Elliott Wave pattern that gave me a real good idea of a price target (doesn't happen that often, that clear). I predicted the Nasdaq would hit 1756 or so, and then turn down, and close lower on the day. At 8:30 AM, news about a letter to Daschle hits everywhere. Didn't matter, the Nas. opens up something like 8 points (or thereabouts) and comes within a point or 2 of my target, then turns lower.
    At the end of the day, the media said the letter caused the markets to decline that day. Really? If so, then why didn't they open lower since the news had been out well over an hour? I made my prediction pre-market to a friend of mine, and part of my prediction were the headlines we would see. I was 2 for 2 that day.
    Yes, I have missed my share to, no one is infalible.

 
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