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

To: augieboo who wrote (88442)	6/29/2002 2:44:31 AM
From: thecalculator	Read Replies (2) \| Respond to of 99280

<<I lost more than $150,000 "investing" (LTBH) based on fundamental analysis.>> Fundamental analysis starts by first looking at the balance sheet. I don't denounce MOMO investing but it's a lot safer with a momo stock that is not in the expensive category (again, I'm not talking cheap). Take AMCC for example at $4, or SNDK <$10. Those are a much safer risk in MOMO trading or long term swing trading than some bloated GNSS at >$20, or QLGC at $38...stocks that were on the list you provided Connie. You had ARTG, why? Because it's bouncy? No more than CORV (well, maybe slightly more). finance.yahoo.com But the huge difference between them is that CORV is a safer play at its current valuation, and that makes a difference to those that might consider and can tolerate holding a stock more than a few hours, which was what her question was with regard to.

To: augieboo who wrote (88442)	6/29/2002 2:47:47 AM
From: thecalculator	Respond to of 99280

<<It was Al Gore that was advocating investing the social security fund into the stock market. I suppose if I asked enough times, you'd eventually tell me what the HE!! that has to do with ANYTHING, but don't bother. >> It's a no-politics thread anyway. <g>

To: augieboo who wrote (88442)	6/29/2002 11:07:20 AM
From: mishedlo	Read Replies (1) \| Respond to of 99280

Debt Limit is raised. Too bad. I would have preferred default. This is my favorite piece in the article below. The Treasury Secretary said Congress should look at abolishing the debt limit, which only serves to put a question mark over the future willingness of the US government to fulfil its debt payment obligations. What an ostrich! Bill barely passed 215 to 214 Perhaps we should consider not spending more money than we take in. All those dollars in good times wasted, with little or nothing to show for it. Now in the lean times we start jacking up debt again. The sky's the limit. No debt ceiling. And REPUBLICANS were for this. Where is fiscal prudence? We are gonna blow thru $450B so fast if we go to war it will make your head spin. You heard it here first. We will be raising the debt ceiling once again within 6 months. Not sure the markets will take it too kindly the next time, which is of course the reason Oneil wants to bury his head in the sand. Dammed good impression of an ostrich if you ask me. ===================================================================== afxpress.com