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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (7335)	5/28/2002 9:52:07 PM
From: Dave Gore	Respond to of 16631

Just got back from a long weekend...wise words here from Briefing.com General Commentary Despite generally positive economic news, the Nasdaq floundered in negative territory for most of the day... Software and chip stocks paced the decline... Again, weakness seemed to stem more from a lack of buying interest than a strong desire to sell... Lackluster volume totals lends credence to this viewpoint. Question then becomes what, if anything, will act as a buying catalyst for sector/market? As we've seen over the past two years, discounted prices aren't the answer as traders now understand that what appears cheap today can (and often does) get cheaper in a week, or month, hence... Rates aren't the answer either, as Fed has already brought interest rates down sharply; and with the economy on the mend additional rate cuts aren't very likely... Good economic news doesn't seem to be the trick these days either... Finally, there's not much hope for help on the global geo-political front. What that leaves us with is a) improved corporate profits and b) signs of increased business investment... Given that the outlook for both is expected to remain murky through Q2, it looks like the best we can hope for is that prices stabilize and begin to build a formidable, long-term base, from which a sustained rally can eventually be launched. Robert Walberg

To: The Vet who wrote (7335)	5/28/2002 9:58:25 PM
From: Dave Gore	Read Replies (2) \| Respond to of 16631

Vet, I just read that article you posted. There's a whole lot of truth to that. I can apply it to things other than gold too.

To: The Vet who wrote (7335)	5/29/2002 12:35:36 AM
From: d:oug	Respond to of 16631

Msg from The Vet... "Read all of this - or ignore it... - the decision is entirely yours... gold-eagle.com . Vet, . To anyone who did not read it, its not a long article and very easy to read, just everyday comments about folks finding it difficult to take "good" advice. Best i add here that we all without exception have this trait, some very little to others a lot. Life. . For the past few years after becoming a gold bug++ a.k.a. gold bug + gata nut :o) since i joined Si here and did my first market trading, i soon realized "its a jungle out there" in the Dow & Nasdaq yes, but soon found out that comparied to the Pink Sheets, well no need to expand on that, and getting back on focus, for these past years every friday at 8:30 on PBS t.v. i would either watch live or vcr tape the first minutes of Wall Street Week with Louis Rukeyser and hope for his own Crash & Burn experience. . Please don't get me wrong on how i feel about him as i am very sure that i would enjoy his company over a few beers as he seems to be a very interesting and fun guy to hang out with. . But, what he does and the article you posted have a strong connection, and its not his fault, but he represents directly a source of evil. He himself is not the evil, but only a carrier to infect others. . ok, too much babble. . This lady i speak with did not listen to me a couple years ago when the Dow was at its high i think 12,500 and i told her to call and have her mutual funds whatever cashed in because i read from the LeMetropoleCafe.com web site that its all down hill now. . She did not and still will not because Louis Rukeyser has not told her to sell all. Now these past two weeks the replacement on PBS has other men & woman talking and spoke about caution and even gold, and from this i figured she would listen to them and change her mind. . Nope, as Uncle Louie Louie still has not told her to sell. . But i asked her why she does not combine the new PBS show peoples talk with Louie Louie and change her stand of doing nothing. . She answered indirectly and echo'ed the article you posted, in that the new PBS show has people giving out information that requires one to translate into understanding, while Uncle Louie Louie tells her what to do, or not. I told her that Uncle Louie Louie does not tell you what to do but just gives out the same stuff the new PBS folks give out, as in what happen last week. She says no, that not true, and she even said that she does not like the new PBS people because they don't seem to have an opinon like Louie Louie. . ok, so she likes Louie Louie because he comes on strong as one who knows whats what, meaning she does not have to understand, but only follow his lead, which is the markets are Good and if not at this time, they will become Good later, so hold hold hold. . Seems thats why Wall Street Week with Louis Rukeyser is Number One, the best most liked by folks where these folks represent 99% of investors in the markets that do zero work to understand the why of a buy/hold/sell. The 1% seem to be on this and the Zeev type theads here on Si :o) . Louis Rukeyser represents success in these markets, and them 99% folks above follow him without question simply because they don't want to ask questions but receive only instructions. . Golly, life ain't that way, and the dot-com-bomb proved it and even made Louis Rukeyser look like a dummy as he joined the bubble and folks followed him to the crash, yet as the article says, they still follow him without question asking no questions, only wanting instructions, and no surprise to us on this thread, Louis Rukeyser doesn't really give them those instructions, just empty instructions to hold for better times. . (when, not if) Louis Rukeyser talks like a gold bug... ... price of gold will explode over $5,000 overnight :o) . That article has on the home page of the writer the following. Learning to Program in C++ Who's Afraid of C++? and Who's Afraid of More C++? . Few things outside math and physics are difficult, and went so its either a matter of a person's attitude or just poor instructions. This above C++ is a good example, as very experienced C programmers can learn C+ self taught in about 45 minutes, but to then go to C++ is extremely difficult and most all fail and need hand-holding using a teacher. This C++ is really just smoke & mirrors and almost impossible to learn self taught using reference and text books. Back when Windows was 3.1 i learned C then C+ then C++ on a lark and discovered after much pain that C++ was a joke to learn if one had certain things explained rather than keep secret. Why it was presented in books using a method to cause pain is another example touched in the above article you posted, and sadly lots of these incorrect ways of doing things people do feed onto themselves and prevent a simple easy straight forward manner of living by people, leaving almost all folks to struggle when the task is not difficult. doug