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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?

To: Diogeron who wrote (1539)	8/31/1998 6:49:00 PM
From: C Hudson	Read Replies (1) \| Respond to of 2346

Folks, I'll say my opinion again, drop Dessauer like a hot potato. If you don't, you'll really pay the price. He's shown he has no integrity by not even addressing the stocks that have been declining. It's going to be a brutal bear market. There may be rallies, which can be very strong, but they will be false hope. I'm glad I stopped listening to him for some time now. Permabulls like him are who to blame for the mania we have seen in this market. They helped to create the mania. "This time it's different" "New Paradigm" and all that crap. Good luck to everyone....

To: Diogeron who wrote (1539)	8/31/1998 7:08:00 PM
From: Wren	Read Replies (2) \| Respond to of 2346

Diogeron, I don't listen to all the hotlines, but I never heard anything but praise for STD and ESF. Fortunately I sold all my STD and half my ESF about two weeks ago when Europe begin to slide badly. If you haven't read it, look at www.pei-asia.com site for their world view. I had some great gains in the JD international recommendations. I am glad I sold the ones I did. I just wish I had sold more. Most advisors say they don't market time, they just pick good stocks. However, I believe that sometimes there are obvious market tops that are so far out of line that a good advisor should warn their customers. I had some money with a very good local investment advisor until January. I took control because I wanted to market time this top. The F.X.C. Newsletter, which also doesn't market time, warned its readers in May that the PEs were too high and advised reducing the large cap exposure by half.