Hi all, I haven't posted to this thread in the past, but I read all the posts to date, and noticed that it's mostly 4-5 people.... I got EG's "urgent message" mail bomb a few weeks back and had to laugh....
If you want to invest in the market, try John Dessauer. He has a wonderful newsletter that I love, picks companies without trying to time the market, and won the Wall Street Week stock picking contest last year, and will most likely win again this year (up 63.3% last year, 46.6% this year so far). His recommendations are based on companies, not "indicators", and he makes a lot of sense.
Face it, Elaine blew it, and can't change her stance at this point... if she admits she blew it, that means her "indicators" are bogus, if she sticks with it and the market goes up, who will listen the next time?? The only way she can get any respectability back is to stick with it and pray for a market collapse. We all know there will be a correction at some time, but in the meantime, alot of money will be made. And at that point in the future when we do have a correction, will anyone still care that Elaine said so back in the summer of '96?
Having read all the posts on this thread from the beginning, I really feel sorry for people who missed out on this market rise, but if you invest in COMPANIES based on their outlook, you'll come out ahead in the long run. And this market still has legs that you can't imagine.
My 2 cents.
Dan |
