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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (12333)	12/27/1997 12:06:00 AM
From: kas1	Read Replies (1) \| Respond to of 94695

Bill and all, Hope the holidays are fun for all of this thread's inhabitants and their loved ones. Upon many recommendations, I tried to get Norman Fosback's Stock Market Logic to read during my many airplane trips this week. Alas, the local public library showed it on the computers, but it wasn't on the shelf. (darn computers!) I did, however, find a very, very interesting book that I think all of you on this thread will enjoy (no, I have no stake in it): 20 Ways You Lose Money on Your Way to the Stock Market, by Scott Fraser (1996). It was right where the Fosback was supposed to be (Fosback, Fraser, see?), and I thought I'd give an unsolicited review to mark my return to our cozy thread. First, don't let the amateurish title of the book throw you off. True, there is the inevitable page or two explaining the difference between a put and a call, and a looong and overdone explanation of the difference between a bid and an ask (Fraser sometimes delights in convoluted analogies). Yes, some of the tips are for beginners. But otherwise, this book is just so full of interesting facts right up the alley of market cynics like us. Fraser starts with his first premise: the only way to make money from a stock is to have more people buy after you than before you. A solid balance sheet, great products, etc, etc, just don't matter, other than how they influence this balance of buying. Old hat to most of us, but from this bulding block, Fraser rips apart a lot of the old maxims about buy & hold, dollar-cost, mutual funds, IPOs, advisors, etc. Unlike a lot of market cynics (including some on SI!), he doesn't do the old vague "oh, the market is manipulated!" song & dance, but gives specifics facts, scenarios, and anecdotes to back up his advice. Of course, lots of stuff about the "law of gravity in markets" and inevitable reversals of herd mentality. No hot stock tips here, just lots of stuff on what not to do. Interesting reading even for market non-participants, as there is a lot of stuff about the structure of IPOs and the like in here that I haven't seen anywhere else. I give it a strong buy recommendation for all thread-dwellers. :-) Hmm, this feels like a 4th grade book report. Anyone else read the book and care to comment?

To: William H Huebl who wrote (12333)	12/27/1997 10:53:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

HI Bill; The Bulls and Bears are having a real tug of war, the volitility in the market appears it may continue..and that could cause a lot of small investers to back off..the pension funds are giving it a lot of support but they are not in charge. The experts say pressure in early 98..I know xmas shopping was way off and when the reports come out the retailers will pull back their gains that will be the biggest pressure. Maybe computers didn't sell as well as expected also..and auto sales will likly be down. yahoo.com ------------------------- Well I was about to give up on the HP 694c, when I discovered they really do mean it about the type of paper you use in trying to do hi quality color work. Also the older programs I was use to don't send the finer DPI to the printer. In useing the new easy photo.., putting in HP photo paper , and tweking the printer set-up I finally got the darn thing going. The last one I did will dog-gone rival a photo..if not better. I think the main thing was the paper try out a small pack of HP photo paper on your cannon..it's slick and shiny on the print side..and just about as thick as card stock but it made a huge improvement on the quaity must be some kind of coating on it. But I'm not sure that was all..I also reset my vidio out-put to True color 24 bit , and BTW if your vidio card will support it that really helped my screen..had to increase the refresh rate but slow down the hardware acceleration, now it sure looks nicer than any thing I had before.and it's still fast. Jim