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

To: James F. Hopkins who wrote (20244)	6/12/1998 6:58:00 PM
From: HairBall	Respond to of 94695

James, Wow, you are soooo....right! The NYSE is the largest casino in the world. And, it is much less a level playing field than your average Las Vegas casino. It is much more a mechanism for the transfer of wealth from those that are not connected (insiders) to those that are. And, THEY just keep coming up with more and more varieties of scratchers for the players. Regards, LG If one wants to get rich off of the market...look towards examples like Warren B.

To: James F. Hopkins who wrote (20244)	6/12/1998 7:08:00 PM
From: Barbara Barry	Respond to of 94695

Jim, Can't fault your thinking.My farm is almost paid for!:) Good luck next week! Barbara

To: James F. Hopkins who wrote (20244)	6/13/1998 10:33:00 AM
From: coug	Read Replies (3) \| Respond to of 94695

Jim, I agree with your assessment of the general market averages. I'm glad you mentioned the fact that the dogs are kicked out of the popular averages and replaced with gazelles so over the decades, the market APPEARS to perform better than any other investment. Anyway, another bearish factor that came up this week was the fact that Goldman-Sachs is talking about going public. These boys see the top and would only give the great unwashed masses a piece of the action if they thought game was about over. They do not share the wealth for benevolent (sp) reasons. The little rally on Friday afternoon, IMO, is about over, possibly a little follow thru on Monday and then back to a retest of of 1082. I will not go long until that, if it takes all summer. But will go short on a dime with puts and futures if this thing fails quickly. About Jimmy Rogers, I believe he rode the coat tails of Soros when they were partners in the 70's. As far as I know he only made one decent call himself then, on defense stocks, and it took awhile. I could be wrong but thats my thoughts and opinions. As far as Cohen, shes Goldman Sachs, what do you say. Good luck.......the COUG, swimming with the sharks, but knowing it..

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