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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: drsvelte who wrote (1834)	8/15/1998 10:56:00 PM
From: Thean	Read Replies (1) \| Respond to of 14427

Doc, I looked at EEX's chart and it closed at a multiyear low Friday. With the prevail of mo-mo wind all over the stock land, this one is a good short. Thanks for the finding. You guys may think LT is nut about DOW 1000, but I think he is really not that serious and just making a big prediction which itself is very difficult to qualify. Therefore, take it with a grain of salt despite his pretty decent record so far. LT is not god but just a Roman guy who have lived on earth for quite a few years. Those who say DOW will be at any number of point in exactly how many months or years, NEVER take them seriously, and this includes all Wall Street gurus. If it happens they are right after the fact, they deserve to be congratulated because they have been lucky, not because they have superhuman foresight. That's why LT said the path may not be exactly the way one envisions it but the end result the same. He is just hoping that he is right about the result. If anyone has superhuman foresight, they should be able to predict the path of getting there as well. And just thinking about the odd of being correct in all twists and turns... That's why there are certain benefits to not being a bull or bear but just an opportunist (JJ Cramer said it, not me). Life is a lot easier when it comes to predicting short term trend and cycle. The odd of predicting short term stock price movement correctly is actually much better than anything longer than 1 month. Therefore, I will leave the honor to be the smartest, luckiest investment guru to somebody else. I would rather just live quietly and make my small profits here and there and hope I am right more than wrong. Evil tower - Doc, the evil tower's wall is really crumbling and if their earning is no good, I expect it to go to teens. Therefore, considernig the amount of correction it has already taken, it can still go lower. The risk is if the earning is good then the shorts will cover violently.