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Non-Tech : The Critical Investing Workshop
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To: clappyssidekick who wrote (26434)7/25/2000 8:26:18 AM
From: Voltaire  Read Replies (3) of 35685
 
Morning Clappy's Saddle Mate,

just want to welcome you to your worst half's hangout. When Clappy is not around things just don't seem to be the same.

I also want to warn you that you will hear many things when you are on the porch and there are a few I would not pay much attention to. So when you hear the following just turn a deaf ear and go get your running mate a beer.

1. We HAVE GOT TO TEST the area of 2900 to 3000 before the NAZ can move consistently upward again.

2. No way we see 5000 on the Naz before the new year.

3. Election years have nothing to do with markets rising.

4. Houses and the Fed never work in concert.

5. There must be a drastic correction in Aug.

6. The Fed would never do anything to get a Democratic nominee elected in November.

7. The two TY ending words Productivity and Liquidity are not as essential as the Phillip's curve in determining the possibility of a rise in inflation.

8. Markets are sanctified sanctums where manipulation exist only in the minds of Clowns.

9. The following stocks have outrageous multiples and can only cost you money. JDSU, NTAP, RMBS, LPTH, RNWK and yes even ELON.

10. Above all avoid anyone that uses any phrase that is in any way linked to the theory " this occurred in the past and therefore it must occur again " and are generally GOLD IS THE FUTURE devotees.

11. Call Writing does not reduce your losses when stocks go down and besides it is for the frightened investor who is only interested in a lousy 7 to 10 per cent per month.

12. The Beano family no longer exists.

13. QCOM will not be $100 by Fall.

14. I never have an opinion on anything.

15. Clappy is not funny.

So again, glad to see a spouse show up maybe this bodes well for the Porch and who knows maybe we turn it into a commune and forget all this crap.

Voltaire
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