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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (23662)	5/27/2000 7:08:00 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 42787

People have short memories. I stumbled on an old TV rerun of a popular show here in the US called "All in the Family". I stopped to watch a few minutes of it to see which episode it was and it was where the main character Archie Bunker was out looking for work. He was talking with another guy that hadn't worked in 3 years. I turned to my wife and said, "how things change and outlooks forget the past". In the 70s, heck even in the 80s, there wasn't enough jobs, no one thought the economy would ever turn around and go back up. Mutual Funds were a 4 letter word and the Stock Market was a place where only rich people played and most lost all their money due to a few other rich pirates robbing them by selling them stock in companies that had lousy FA and no earnings. Here it is only a generation later and people think that jobs grow on trees, a high school drop out with no skills is entitled to make 100K a year with stock options. They are beating a path to the door of the brokerage houses because they just can't wait to buy that company with lousy FA and no earnings. <g> Those that aren't sheeple all know it is coming, we don't know when but I imagine there will be a TV show in the next 10-15 years where the main character is talking to another person about how he hasn't worked in the last 3 years and how the stock market is a place where they rob people by tricking them into investing in companies with lousy FA and no earnings. I think we might get a 5 year reprieve at most but I doubt it. It appears Clinton has set up the next President for failure. Funny how Gore doesn't even seem to be trying hard. Maybe he knows already and the grand plan of the Democrats is to light the fuse of teh time bomb as they are leaving the reins to the Republicans so Bush and the Republican Congress will get all the blame. That might explain repealing the legislation caused by the 29 crash regulating banks and the ties with China. Set up the market for failure, let a Republican get into office to catch the blame. Allow China to build up thier military to the latest technology so that in 4 years when the Democrats get control back, they have a strong enemy to declare war on to spur the economic machine back to health. After all, where would we have been without WW II, Vietnam, etc. Just rantings on a Saturday Morning. Think I will go grab a nap before I have to do all my yard work. I got up too early to do our site and now that it is done, it's nappy time. <ggg> My stuff says the bias is up for next week but I haven't looked at everything yet. A lot of important economic reports next week too so it could be choppy. Good Luck, Lee