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While its true that the over caffeinated junky trading E-mini future contracts more than likely subscribes to some sort of TA, it can also be used as a longer term view on bigger trends.
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While its true that major free cash flow generators like Microsoft and Apple rest complacent and keep tens of billions in nearly confiscatory money market paper, Google is much more proactive on cash acquisitions like YouTube and Double-Click.
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So while it is no doubt true that "every dog has its day", officials are confident that day will not be Sunday.
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Merck, in turn, points out that its older technology is tried and true, while Glaxo's is still relatively untested.
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