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Politics : Formerly About Advanced Micro Devices
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To: Jack L. Dlugach who wrote (949)7/25/1996 12:55:00 AM
From: charles moore   of 1583243
 
Jack:
I got the same love letter.This is the second one I have got
from her.Basically these letters are all the same.They tell you
that the normal subscription price is say $279.00 but they are
going to let you have it for $149.00.Most will even tell you that
they will throw in a free Hot line.

I told everyone here about IDTC at 11. It got up to 13 today
and closed at 11 1/2. Also RAZR at 10.5 and it closed at 11.5
today. Also told everyone that AMD was in selling distribution and
it has gone down since.I mentioned NAE and the highest it has
closed at was 11 and it closed at 10 7/8 today. The point is that I
could just as well have an Investment letter.The real point is that
maybe the market would have corrected next week or maybe in two
weeks or a month.Elaine and the Supplicants and Hand holders that
follow her and worship at her feet sped things up.This is not a
perfect Market. The market opens up at 9:30 or 9:45. Im not sure
which and we are not allowed to trade until about 15 or twenty
minutea later while the Specialists and the big guys are allowed to
trade in the third market.There are program controls which dont allow
it to go down or up too much etc.If Dines or Cabot or any of the
other Newsketters recommend a "Sell" Cnbc or some other Network
doesnt announce it.If Elaine has a newsletter following of say
10,000 then only that 10,000 should get the news instead of the
several million that are watching CNBC.Which is going to have the
greater impact? The 10,000 or the several million?Let her 10,000
supplicants get the news and let them do what they want with it and
if the rest want their hand held by her then let them buy the
Newsletter instead of appealing to the Emotional fringe that
shouldnt even be in the Market to make moves that affect the
majority of us or take the controls off the Market and even the
playing field and if you cant satnd the heat then get out of the
kitchen.

AMD still shows a selling distribution and IDTC NAE PEP RAZR CWN and
PHTN AXC show buying accumulation.

Charles
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