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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: vegetarian who wrote (6875)1/19/1998 2:27:00 PM
From: steve lipson  Read Replies (2) | Respond to of 13594
 
I wouldn't pay too much attention to Dines.

He sells newsletters by constantly predicting apocalypse. Doom-and-gloom predictions are much better for motivating people to send their money in now before it's too late.

In July '96 he suggested that the world was coming to an end for US stocks and that gold, his top investment choice, was going to be at $400 an ounce at the start of '97, and going on up from there.

worth.com

forbes.com

Dines also had the distinction of being one of only 7 newsletter writers out of 80 ranked by the Hulbert Digest in this Forbes piece to generate a negative investment return for the six-year period ending Nov. 1996. Some of the other notables in the minus column for that entire period with him were Joseph Granville and PQ Wall. That return was worth a "D" rating for Dines in both up and down markets.