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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (10964)12/5/2001 9:53:23 PM
From: Mark Johnson  Read Replies (1) | Respond to of 99280
 
Justa:

Rather than look at long-term historical perspectives, I'd like to focus on how bad Zeev's short-term calls have been over the last few weeks....Zeev calls for a Naz low 1625 in the second week in December....

Nov 27/01 - Tamarra - #reply-16711191
Nov 25/01 - A peak is imminent? - #reply-16699844
Nov 25/01 - Retrenchment is due? - #reply-16699681
Nov 23/01 - Nasdaq/Dow, next 1-3 years - #reply-16696725
Nov 23/01 - Next week & December - #reply-16696684
Nov 19/01 - A stealth bull? - #reply-16681433
Nov 19/01 - December forecast update II - #reply-16679525
Nov 17/01 - December forecast update I - #reply-16673881



To: Justa Werkenstiff who wrote (10964)12/5/2001 10:16:05 PM
From: SOROS  Respond to of 99280
 
You're just being old-fashioned. How much money a company makes is irrelevant. A company's profit margins are meaningless. Balance sheets and income statements are a waste of time. The main reason for the very existence of a company today is not to supply a product or service. It is not to provide jobs. It is not to make money. These are simply necessary components to be manipulated in order to sell a piece of paper, a baseball card if you will, to the public. Dividends are not necessary. In fact, they make it harder to manipulate the necessary components of the "business". Financials are simply a means to an end. They can be "adjusted" in a variety of ways in order to make the "baseball cards" more attractive. Think of financials as a designer gown. Hire the right designer, and you can make everything except an absolute dog look pretty good. And when the owner, the designer, the advertisers, the photographers, and the reporters all operate in concert, they can dictate dress length, color, material, and most importantly, price. You don't even know why you have to have the dress. You just do -- at any price. The manipulation of the human species is a sight to behold. "Lemmings" is a great word.

I remain,

SOROS