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Technology Stocks : Long Term Investors' Outpost -- Ignore unavailable to you. Want to Upgrade?

To: hueyone who wrote (475)	8/24/2002 9:35:25 AM
From: JohnG	Respond to of 562

From FF You can only shock the mouse so many times before it seriously starts to question every step it takes through the maze in the hunt for the cheese. This market is in a recession. A lot of people don't realize this because we Americans can't take bad news. In time people will have to face the truth. NOW don't get me wrong, I have made a fortune in the past weeks going LONG…. but what I am trying to say is that this market is very manipulated. Don't always believe what you hear. That's why they keep putting these same MORONS on TV and why anyone would bother listening is beyond me, but there spewing the same BS about the economy being strong in 3rd quarter of 2002. One of the keys to seeing a true market bottom is consolidation. Meaning that historically at a real bottom you'll see many mergers and acquisitions. Why? Because companies become "cheap" and bargains to competitors and thus get bought out en masse. These are the same freakin' people who gave Enron a STRONG BUY rating until it went BANKRUPT. These are the same total scums that said that WorldCom would be the next leading telecommunication Company. These are the same people that gave QCOM a $1000 target price. There is no free day at the beach, just the realization that sunset always comes, the tide always raises, and that tidal waves eventually always hit! When you live on the beach, you take what comes! The world that we live in is no more dangerous than it ever was. We just made the choice to ignore that fact until the dangers overtook us, and took so many of our choices away! We need to face reality. The only way that can ever happen is when hits us, so I am warning you NOW!!!! Human beings are naturally programmed to do what the crowd is doing. Sometimes it is not in our best interest. Generally most of us are to busy trying to make a living to accomplish anything far more rewarding. Most people simple don’t believe that they can break out of that vicious cycle. Just remember, the 3 most prevalent and damaging emotions are: Fear, Greed, and Pride. Fear: Will have you sell when you should be buying. Greed: Will have you buy when you should be selling. Pride: Will have you stay in a bad trade against your better judgment. You cannot be an INVESTOR in this market. You have to be TRADER. An essential part of being a GOOD trader is to understand the market internals as it moves from bull to bear market cycles and back again. What you see isn't necessarily what is happening in reality. Bad traders attempt to out trade the market makers and the market itself with their own scenarios of what the market should do instead of paying attention to what the market is actually doing. Many people get tunnel vision when it comes to trading the market. This market is not an easy and facilitating means of easy money. The big boys may have minor losses, but they catch a big fish which exceeds the loss ten times greater. This demands a lot of research, analysis, and more importantly revision. Our past performance explicably displays outstanding predictions. The majority of those socks have had a tremendous amount of profits in a short-term horizon. Our loyal members I’m sure are aware of this fact and indeed have expressed this remark explicitly. Watch where you put your money!!! See if its worth the hard earned money for you to give to these companies. I have been swing trading for a while now and I am making a fortune following the PULSE of the market. You can view my winning picks at my own site. WallStPulse. com. Feel free to E-mail me at anytime Pulse @ WallStPulse com. I send out my daily picks every day, and if you like to be put on my list, visit my site and try the 2-week FREE trial. I will continue to play the market in the way that is TRUTHFUL, not the way that idiots keep HOPING will happen. Warmest regards, PULSE ~^~^~^~ :)