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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KevinMark who wrote (64590)	12/18/2000 8:49:22 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

No No; Keven; you got it all wrong every point too. First off the Cap Gains was signed in AUG 98 BUT they knew before it was signed that it would be and that it would be retroactive ...when I saw what they were up to I screamed sell.. Message 5214259 --------------------- Now you are either totally dazzled by the Wall Street bullsh*t and double speak of CNBC gurus, or your one of them. There was no market run up ( just a hyped and dishonest index bubble ) the broad market peaked in July of 98 because as soon as old money saw it could run it started out. Don't do like the two bit sharks who always hunt up some low to compare to some high to hype a point or market trend.., keep apples to apples highs to highs or lows to lows..and keep one other thing in mind most of volume over time is never traded at the lows or highs hell dam few people make it in on the lows, but a lot do buy on the highs from broker/dealers and market makers who are going short to sell to the suckers. ... ---------------------- You got to know that over 20% of the S&P stocks have been replaced since mid 98 , ( they sweep all the losers under the table ) 10% this year. The Naz & NDX is even worse they are pure hyped indexes to bait people in, and even when they don't do the sweep under the rug they get just a hand full of stocks dominating the index on run ups by weighting them more and more , which spikes the index , then on down turns the weight is reduced on the fastest droppers and it's put back on in a relative manor to those who don't fall as fast so the down turn looks very orderly ----------- If you want to look at an index that's not rigged and hyped to high heaven one that will show you what most pension funds and investors have really made look at. quote.yahoo.com^VLIC&d=5ym It's been the real standard and best over all stock market indicator for years and years .. DO you see the peak in 98..did it ever once get back there ? Forget your 4000 pt pocket of hot air..the only people who made money in that were the broker/dealers.. Trillions of dollars have gone to money heaven since Jul of 98 and a few billion went in the pocket of those who helped rig the cap gains break and knew ahead of time they were going to get it and dumped. But the real damage was done to the Muni bond funds did those poor folks ever get ripped off. Hell you can't even find the data any more they don't let it lay around for people to see, the whole thing is based on marketing and slight of hand to keep people from seeing the what's real. The value line index is now about 8.5% above her 98 low But how could that be as pension funds alone have put in over 150 billion dollars in those stocks & where in the hell is that 150 billion, that 8% don't get it. Ya bud the real top was in 98 all the rest was wall street slight of hand the broad has lost over 24% since then and will need to go up over 31% to get back even meanwhile the money flow has been more positive than negative so where do you suppose it is going. ------------ The is over head and slippage says you can never get out of the market what's put in the market with out an ongoing source of tons of in coming cash the market will sink of it's own weight. As not only do the spreads and underwriting fees get deducted , all the mutual fund managers get a percentage of the assets they manage even as the market falls. ( dam if I don't believe we have more funds than stocks ) -------------- Lesson..trade the hyped indexes and forget stocks. Except Yahooo it's a long term winner if I ever saw one. Jim