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To: freeus who wrote (6260)2/16/2002 12:26:45 PM
From: Venkie  Read Replies (2) | Respond to of 13815
 
I don't mind paying cap gain taxes but I do wish they would lower it<gg<.



To: freeus who wrote (6260)2/18/2002 10:22:34 AM
From: T L Comiskey  Respond to of 13815
 
L....hope springs eternal.........
best tim

borrowed from Zeev's thread
To:At_The_Ask who wrote (30672)
From: Zeev Hed
Sunday, Feb 17, 2002 9:45 PM
View Replies (1) | Respond to of 30725

At the Ask, as I mentioned before, I "Quit Corporate America" more than 15 years ago, because I refused to be part of some "legal shennanigans", and of course illegal activities as well (my parting words to the Chairman were, "I don't look good in stripes", he is in the process of serving a federal sentence...ng, he is really a charming person on a personal basis), yet, during those years, despite those dishonesties (and these were around since I have been following the street from the early 70', all you have to do is open a 10K, Q and go to the sections about "related parties" dealings), you could still do very well in the markets. I think that if you are not going to be stubborn about LTBH policies and obey a discipline of stop losses, when wrong, there are going to be ample opportunities to make big money. Since March of 2000, we had four great entry points, late May 2000 (#reply-13483082 :), late December 2000 (#reply-15024438 and #reply-15115763), late March 2001 (#reply-15259722) and late September 2001(#reply-16387737 ), if you entered at those junctions, and then just followed with stop losses, and waited for new unique entries, you would have done fine. Right now, I believe there are going to be three additional worthwhile entries this year, but watch until you see the white in the MM's eyes, a short move sometime late this month early March, another move just prior to July 4th (I have a nominal low on June 28th for now), and possibly another entry in October. In between simply don't be shy to sit with 60% to 75% or more cash. Even if you miss one entry, nothing is lost bu the opportunity to make a little more than you would have had otherwise.

Zeev