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

To: Haim R. Branisteanu who wrote (76152)	4/29/2001 12:36:38 PM
From: High-Tech East	Respond to of 99985

... from the last chapter of the best book I have ever read about investing, ... "Reminiscences of a Stock Operator" by Edwin Lefevre, 1923 ... The trader must look far ahead, but the broker is concerned with getting commissions now; hence the inescapable fallacy of the average market letter. Brokers make their living out of commissions from the public and yet they will try to induce the public through their market letters or by word of mouth (read: CNBC) *to buy the same stocks in which they have received selling orders from insiders or manipulators."* AMEN to that ... Ken Wilson