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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (65153)12/27/2000 8:44:31 PM
From: Dave Kiernan  Respond to of 122087
 
The game of professional investment is intolerably boring and overexacting to anyone who is entirely exempt from the gambling instinct. Whilst he who has it, must pay to this propensity the appropriate toll....Keynes.



To: StockDung who wrote (65153)12/27/2000 9:44:53 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 122087
 
I agree, it's like a casino. People want the edge, they want to beat the odds, that's what the market is nowadays. And in my opinion, TA is just another money making scheme.

People bring lucky items to the casino to improve odds, just like the market. Superstition plays a large role in the market as does it in casinos. Even the stars and planets have a role in the market. People even pay people who combine TA and astrology.


That's the biggest hoot of all = paying someone who has a system or technique to improve odds at the casino.

And before any people flame me because your pay site, news letter subscription, etc, etc, etc, WORKS.......so does the morning horoscope or the 1-800-FORTUNETELLER work for millions world wide as well.

In my opinion, of course.



To: StockDung who wrote (65153)12/29/2000 1:11:04 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 122087
 
Hmm, wonder who is next?: "SEC Sues Analyst John Westergaard, Two Related Firms for Stock-Touting

By JOHN CONNOR
Dow Jones Newswires

WASHINGTON -- The Securities and Exchange Commission sued analyst
John Westergaard and two companies he controls, alleging that they touted
stocks on the Internet and through news releases without revealing they had
been paid to publish that analysis.

The two corporate entities -- Westergaard.com Inc. and its wholly owned
subsidiary, Westergaard Broadcasting Network.com Inc. -- settled the
SEC's charges without admitting or denying wrongdoing, consenting to an
order that permanently enjoins them from violating federal securities laws.
Lawrence Ginsburg, the attorney representing WCI and WBN, said the
consent agreement speaks for itself. He declined to comment further.

Mr. Westergaard is fighting the charges, which include an allegation that he
violated antifraud provisions of federal securities laws. During the period
covered by the SEC's complaint, Mr. Westergaard was chairman,
publisher and editorial director of WCI, and chairman of WBN. He also
was WCI's majority stockholder.

Mr. Westergaard, who resides in New York City, called the SEC's case
against him "bizarre" and accused the agency of conducting a "three-year
vendetta" against him.

"This is a stock-touting case," said the SEC in its complaint, filed in U.S.
District Court for the Southern District, in Manhattan. The agency is seeking
a permanent injunction against Mr. Westergaard to bar him from further
violations of federal securities laws, as well as unspecified civil penalties.

The SEC's complaint alleged that the defendants charged small-cap publicly
traded companies as much as $48,000 to publish positive reports about
them that were disseminated through press releases, an Internet radio show
and an Internet Web site. The complaint alleges that Mr. Westergaard
misled prospective investors by falsely claiming his analysis was
"independent."

The SEC staff previously concluded an earlier investigation into the
sufficiency of Mr. Westergaard's disclosures of compensation received in
connection with stock recommendations without recommending an
enforcement action against him.