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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: bill meehan who wrote (66496)	8/20/1999 1:30:00 PM
From: accountclosed	Respond to of 132070

Go with the rich guys, keep stock market wealth partial text But Joe and Jane Investor can get help in charting the market's course. Call it the ''Rich Guys' Stock Market Index.'' The majority of the nation's wealthiest people believe the bull market -- now in its fifth straight year -- still has legs and it will keep on going for another two years, according to a survey of the wealthiest 1 percent of the U.S. population. Very few think the bull run has already ended. But a big percentage of the rich expect the U.S. market to slide in the fourth quarter of 1999 due to Y2K worries. U.S. Trust Corp., UTC.N> which manages more than $79 billion in assets of wealthy individuals and institutions, sampled 150 Americans early this summer with income of more than $225,000 or a net worth of more than $3 million. The vast majority, or 87 percent, of the affluents believed the bull market still has some life in it. More than one-third, or 37 percent, expect the bullishness will last longer than two years while 40 percent speculated the bull market has less than two years left. Only one in 10, or 10 percent, said the bull run will end this year while a few of the respondents sensed that the market is already headed to the meatpacking house. biz.yahoo.com

To: bill meehan who wrote (66496)	8/20/1999 2:09:00 PM
From: John Pitera	Read Replies (2) \| Respond to of 132070

Can you recommend a good book on money management specifically geared to blackjack? are you practicing up for your next career as a Riverboat Gambler -g-

To: bill meehan who wrote (66496)	8/20/1999 4:18:00 PM
From: J. P.	Read Replies (1) \| Respond to of 132070

Mr. Meehan, I feel so fortunate to be able to give advice to a TV star! <g> This book has really changed my blackjack fortunes because of the money management system. amazon.com Admittedly, John Patrick wears cheesy turtlenecks with his blazers (or is that cheesy blazers with his turtlenecks?), but this is a great book. He has a money management system based on sessions, and betting 2-1-2 times the table minimum in 'chopping' (dealer wins/you win alternately) tables and then increasing your bets in streaks. I've been using it, and it works fantastic. (Needless to say, I've covered the 12 bucks I paid for the book <g>)

To: bill meehan who wrote (66496)	8/20/1999 4:55:00 PM
From: ScatterShot	Read Replies (1) \| Respond to of 132070

< money management specifically geared to blackjack> Jerry Patterson has a good one I like. Make sure you have enough extra white chips to unobtrusively shuffle around for your accounting. If you lose the first hand put a chip in one stack; if you win the 2nd take it away; if you win the 3rd, put it in another stack. If you ever get 3 in the win stack you up your bet from 1 to 2 or 5 to 10 or whatever. When you get 3 in the lose stack, you get up and leave. Patterson's big thing is table scouting. Watch a few hands before you sit down to see who's winning. Try to avoid packed casinos where you can't freely choose your table. That guy that just got up where you're going to sit was winning when he left, right? Right.

To: bill meehan who wrote (66496)	8/20/1999 4:59:00 PM
From: accountclosed	Read Replies (1) \| Respond to of 132070

BLACKJACK Advanced Card Counting by George C. Basic Blackjack by Stanford Wong Beat The Dealer by Dr. Edward O. Thorp Beat The 1, 2, 4, 6, or 8-Deck Game (5 Different Books) by Arnold Snyder Blackbelt In Blackjack The New Revised edition by Arnold Snyder Blackjack Attack by Don Schlesinger Blackjack Autumn by Barry Meadow Blackjack Essays by Mason Malmuth Blackjack For Blood by Bryce Carlson Blackjack and the Law by I. Nelson Rose and Robert A. Loeb Blackjack Reality by David H. Morse Blackjack Secrets by Stanford Wong Blackjack Wisdom by Arnold Snyder Burning the Tables in Las Vegas by Ian Andersen Card Counting For The Casino Executive by Bill Zender Cheating at Blackjack by Dustin Marks Cheating at Blackjack Squared by Dustin Marks Fundamentals of Blackjack by Chambliss & Roginsky How to Detect Casino Cheating at Blackjack by Bill Zender Knock-Out Blackjack! (Revised and Expanded) by Olaf Vancura & Ken Fuchs Las Vegas Blackjack Diary by Stuart Perry Million Dollar Blackjack by Ken Uston Playing Blackjack As A Business by Lawrence Revere Professional Blackjack by Stanford Wong Read The Dealer by Steve Forte Shuffle Tracking For Beginners by George C. Sklansky Talks Blackjack by David Sklansky The Theory of Blackjack, 6th Edition by Peter Griffin Two Books on Blackjack by Ken Uston Unbalanced Zen 11 by George C. rge21.com

To: bill meehan who wrote (66496)	8/20/1999 5:24:00 PM
From: Knighty Tin	Respond to of 132070

Bill, The best book I've read on money management for blackjack is the classic, "Beat The Dealer," by Edwin O. Thorpe, hedge fund operator from MIT. But nobody really covers the concept in detail. Everyone usually wants to know, how do I beat the game, not how do I survive until my luck turns. The worst place for money management for me was in Germany and France. Over there, if you are not betting the maximum every hand, people standing behind you or even other players can bet with you. And they are a major distraction. I am usually fairly lucky at at least some point during the evening, and rarely bet the maximum, so I always get a lot of parasite bettors. On one hand at Bad Durkheim, I was betting 10 DM and my system told me to hit a 15. I busted and the guy who had bet DM 400 on the hand started cussing me. Mgt. is loathe to toss out people who bet DM 400 a hand, but I told them if they didn't do it, I would. And if the guy got blood on my tux, I'd send them the cleaning bill. <g> I've also been sworn at when I double in that situation and the parasite bettor doesn't want to or doesn't have the cash to double.