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To: Caxton Rhodes who wrote (30938)5/25/1999 5:21:00 PM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
Dear old Ralph! Hasn't even got 8099 on his radar except to say that anything over 20% is a bear. So 8099 is BIG BEAR! 27%!

<This is interesting and doesn't mention politics.
Message 9754437;

When things change a lot, and fractal patterns get big, the fluctuations are big. We should have a LOT of fun in The New Paradigm. Alan Green$pan will NOT be raising interest rates any time soon. They will NOT be talking about inflation for very long. They will NOT be worried about the wealth effect for long [I'd say they are already taking a second look]

What a fun day it is!

Mqurice



To: Caxton Rhodes who wrote (30938)5/25/1999 5:57:00 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 152472
 
When a well known analyst such as Acampura predicts a market correction, the event can become a self fulfilling prophecy. This is unfortunate, because if you look at Ralph's earlier predictions, he is always a bit late. When the market suddenly starts to pick up, he jumps on the bandwagon and says it's going up more. When the market begins to look weak, he's there again, saying it's going to get weaker. Are his predictions simply a way of helping the portfolio managers in his firm succeed by selling high, predicting a downturn, and then coming back in at lower prices? Such a strategy is not unheard of among market analysts . . . Individual investors can often do much better than so-called experts by understanding what is causing stocks to rise or fall and then acting accordingly, BEFORE the experts have made their purchases or sales. That means reacting NOT to the expert advice but to the individual company fundamentals.