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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Mike Buckley who wrote (805)11/22/1999 3:13:00 AM
From: James F. Hopkins  Read Replies (1) of 1817
 
Mike ; RE thanks for putting up with my inability to understand why so many investors are willing to buy stocks these days without a clue as to what today's fair value might be. They don't buy apples, cars or homes that way, but they sure do buy stocks that way.

The most interesting aspect of the above statement , is that it
explains why Fundamental Analysis don't work, any model you can
come up with be it the "Fool Ratio" or what ever is defeated
by "hype" , or out and out manipulation of stock prices via
the coordinated cooperation of several fund managers who get
together to pump and or dump a stock.

Valuation based on most SEC filings which even the head of the SEC
is saying are now little more than smoke and mirrors as companies
find ways to get around and through so many loop holes a person can't
tell the loops from the holes.
The market is to crooked for any model to work, being able to
spot Mo Mo ( momentum ) is where it's at as all we have is a
Mo Mo market.

Jim

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