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To: calgal who wrote (151379)1/14/2000 3:47:00 PM
From: TTOSBT  Read Replies (1) | Respond to of 176387
 
Getting too mainstream. Who was it -I thing it was Kennedy, a year before the depression who said; I knew it was time to sell off all my holdings one days while I was getting my shoes shined and the shoeshine boy starting recommending stock to me.

His logic was everybody was playing the markets and he knew there was no money left to make it go up too much higher so an inevitable crash was coming. I think he took some of the profits and played the downside and that made him very very richer.

He was so good at playing the markets that President Franklin Roosevelt after the depression appointed him as the first head of the SEC when it was developed. So many people was against that decision and complained to Roosevelt who said something like who better to correct the corruption and get the crooks out than one of the top crooks, he'll do a good job. It was Kennedy's most shinning event in his life and made him respected after chasing or controlling the crooks off Wall St with the rules and regulations of the SEC. I'm sure they're (joking here) all working for ML.<gg>

Is it time to short the markets?

TTOSBT



To: calgal who wrote (151379)1/14/2000 4:23:00 PM
From: OLDTRADER  Respond to of 176387
 
RE:CNBC-If they keep putting numb-n---ts on CNBC like Vince Farrell I'm switching to CNN/fn.wbm