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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (32025)	9/1/1998 4:54:00 PM
From: PaperChase	Read Replies (1) \| Respond to of 132070

Looks like the Dipsters are alive and well. My bet is that it'll be a slow sell-off of every mid-cap to keep the large caps going. So I am looking to buy puts on mid-cap stocks that will bounce a little higher.

To: Earlie who wrote (32025)	9/1/1998 7:16:00 PM
From: John Dally	Read Replies (1) \| Respond to of 132070

Hi Earlie, You'll appreciate this. I just received a letter from none other than Mr. Charles Schwab himself! (Since I'm on the West Coast, it probably went out yesterday after the crash.) Here goes: >>Dear John Dally, As a fellow investor, I share your concern about the recent market volatility. Like many investors, you may be wondering whether you should make any change to your existing investment portfolio in light of the recent market conditions. While you are the best judge of your personal situation, I wanted to share my own philosophy about investing in times such as these. Historically, the stock market has experienced quite a few corrections, sometimes declining more than 20% in a short period. But over time, the market has recovered, and in fact, has gone on to achieve substantial long-term growth. I have seen many studies that indicate stocks or stock funds have outperformed all other types of investments in the long term, in spite of increased volatility over shorter periods. I am a firm believer not only in our economy, but in the strengthening global economies as well. Because of this, I'm confident that the stock market, despite the increased risks, remains the best investment for long-term investors. . . . etc. << Comment: Looks like they're trying to rally the masses. Sure would be funny if they sent out your commentary instead.-g- Best regards, John.

To: Earlie who wrote (32025)	9/1/1998 7:30:00 PM
From: Bill Murphy	Respond to of 132070

Earlie, Love to hear from you more about that. A valuable source can be invaluable if it can be tied together with other info. This thread has been all about (originally)the idea that the Dutch and other European central banks have been sellers ahead of EMU, when they lose their autonomy. The technical trading advisor to the Dutch has told others he expects a big rally in September. Why would he say that? What does he know. What does Von Fynck ( sp. ) know and why is has he accumulated about 25% of Homestake Mining? My theory: the trading advisor knows the Dutch selling has been a big factor in the gold price decline. It is over. With this continuous, rally killing supply out of the way, the odds are we will go up, way up, and few will understand why. The German has very close ties with the Bundesbank. He knows the same thing and what is coming too, so he buys into Homestake ( which until a recent announcement did not hedge ). Tomorrow night, I am opening my Cafe, Le Metropole, The Cyberspace Cafe for Investors and Intellectuals ( lemetropolecafe.com } I will talk to some degree about the incredible developments in Asia, as I see it, that have tremendous implications for gold. I say that from a traders point of view. Thank you for your kind words and I hope you will come by for a visit and look into a free two week trial membership. It will be a hoot as time goes by. I can promise you that. One of our economic dream team members, David Tice, had the top performance last week of any mutual fund in the U.S. All the best, Bill

To: Earlie who wrote (32025)	9/1/1998 8:05:00 PM
From: Cynic 2005	Respond to of 132070

Earlie, good to hear from you again. Thanks for the tip on Gold. That makes my day. -g- -MMV

To: Earlie who wrote (32025)	9/3/1998 7:03:00 PM
From: PaperChase	Respond to of 132070

Earlie. It looks like those nice rebates from some computer peripheral companies may not be funded. Atlas Peripherals aka Newcom is way behind in funding their rebate offers. I filed a complaint today with Best Buy, the place where I purchased a cheapo Atlas modem. Maybe I can squeeze the $20 rebate out of them. It's really the principal of the matter. Best Buy needs to halt the advertising of prices after rebate if the manufacturer can no longer fund rebates. I purchased the Atlas 33.6 modem for $10 bucks (after the $20 rebate). A few days later I twisted Best Buy's arm on their price guarantee and got a $10 refund because the modem was offered by Office Max for FREE after rebate. I later went to the grocery store and saw Tide laundry detergent on sale at $4.50. Isn't it interesting in tech land. My laundry detergent costs more than my modem. <G>