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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (28870)9/25/1998 1:16:00 AM
From: Elllk  Read Replies (1) of 94695
 
Jim

Re: <<The bright boys at Harvard University lose money and scratch
their a*s and saying golly people don't invest in value anymore,
Mean while a high school drop out like my self can pick stocks
all around them, and see the big screw up which the Index Funds and
the stupid way McGraw hill has arranged the index that forces,
Market cap to get bought no matter what until a total collapse
comes. But this stupidity will be blamed on something else.
What the hell justifies calling them educated beats the crap
out of me. Jim Graduate of FFM ( Fultons Fish Market)>>

There is a great story, which sounds true to me, about Groucho Marx who lost a ton of money in 1929 when he was living in Hollywood. By the time he got up in the am on most days in CA the NYSE was into the pm and he already had big losses. A few years later when he was in NYC he insisted on going to the NYSE observers gallery. He got there around the opening and it was a very slow start. He watched for awhile with a somewhat perplexed expression and then cupped his hands around his mouth and shouted down to the floor "Why are you guys just standing around when you could be screwing someone in California?"

Fortunately for you, at FFM you were trained to get up before all of them.

Larry
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