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To: At_The_Ask who wrote (106299)	6/4/2001 10:33:14 AM
From: the_wheel	Respond to of 436258

Well thankfully we are beginning to address this problem "however we can at least educate people to the reality of the current state of the american dream. I honestly can't remember anything useful I learned in school. If they had taught some reality based courses like money mgt. and maybe even TA or something people might be alot better off." A couple of years back it was mentioned in some of the leading newspapers and mainstream newspapers and quoted on this thread how the educational system was addressing this issue. Let me refresh your memory with a couple of examples. First as to the disadvantaged, there was a trial program in one of the correctional institutions near or in Washington,DC which was extremely successful. Briefly, state of the art computers with internet access were provided along with training. Clients were able to access leading websites such as YAHOO! and Raging BULL in order to facilitate more effective portfolio returns. It is my understanding that this program was hugely successful, in high demand, and some of the more proficient graduates now populate some of the more active SI threads today. Other articles addressed more mainstream problems. It was noted that many of the financial training programs in our traditional educational systems were instituted at a much later date in the training cycle, and it was recommended that the programs be offered nay even mandated in some circumstances at the earliest possible time. This also was hugely successful. I dont know how you have missed this one. Last year on the leading financial broadcast station, there was a program called WIN, LOSE, or DRAW. On a daily basis callers would ask 'Uh Uh what about CSCO?'. The host would then ask 'How old are you Jason?' (or Kimberly or such). More often than not, Ted or Tyler or Maria would respond 'I guess we lost xxxxx, but he/she sounded like he/she was three years old'. As you must have noticed many of these prodigys now remain on SI. This is why you have analysts recommendations 'Get on board! Choo Choo the train has left the station' along with space shuttles and such. The pretrials showed that the complex charting abc123, we are in a b of D wave 3 up elliot wave type analyses were less effective than simple analogies such as the above. This is why there is so much concern with the current market environment due to the fact that the students are asking embarrassing questions such as 'Daddy, what does a bottom look like?' These questions are banned from the media and replaced with comments such as 'I have seen the bottom and it looks good. You dont want to miss it'. As a matter of fact, I think one of the leading instructors on TV, Joe Battifaglia just mentioned just that!