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Re: Weekly Pick



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Just who is John Gault ?

++++++++++++++++++++++++
On Sun, 11 Jan 1998 14:52:55 -0600 "Richard Estes" <restes@xxxxxxxxx>
writes:
>"a capitalist environment and the
>name of the game is to reduce the wealth of the masses and concentrate
>it to the hands of a few. "
>
>Lord help us. I didn't know that crap was still being spread. You can
>imagine I come from the other (RIGHT) side of the spectrum. You need 
>to read
>some Ayn Rand.
>Richard Estes
>-----Original Message-----
>From: Harley Meyer <meyer@xxxxxxxxxxx>
>To: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
>Cc: Jim Barone <Wooglinx@xxxxxxx>; Jerry Medlin 
><jmedlin@xxxxxxxxxxxxx>;
>Jeff Heebner <JWHnHotlanta@xxxxxxxxxxxxxxxx>; Jeff F. Brady
><surfingrincon@xxxxxxxx>; JBois <jbois@xxxxxxxxxxxxx>; James H. Shaddy
><jshaddy@xxxxxxxxxx>; James A. Deni <JDENI@xxxxxxxxxxxxxxxx>; jack 
>velte
><jackv@xxxxxxxxxxx>; J. Stephen Jones <jsjones@xxxxxxxx>; J. F. 
>DeWilder
><jdewilder10151@xxxxxxxxxxxxxx>; J. Carlos <areia@xxxxxxxxxxxxxxx>; 
>Iris
>Brown <irisb@xxxxxxxxxxx>; Hugo Noomen <100413.2325@xxxxxxxxxxxxxx>; 
>Hugh
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>GARY
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><jeff.grover@xxxxxxxxxxxxxxx>; Metastock list 
><metastock-list@xxxxxxxxxxxxx>
>Date: Sunday, January 11, 1998 2:40 PM
>Subject: Re: Weekly Pick
>
>
>>Jim,
>>
>>I also wanted to express my concern but from a different point of 
>view.
>>I think when each of us reads anything, we pull from it what we want 
>or
>>what we believe is true. And what I am about to express is something
>>that I am pulling out of a variety of sources. I feel that the long 
>time
>>investor, investors investing for 10 years or more, are going to be
>>running into trouble this year. I have seen, that here in 
>Minneapolis,
>>several of the old timers are rushing out to buy but are realizing 
>that
>>they are getting fooled. Felt real good at the beginning of the week.
>>But not so good as of lately. I think many of the long time investors
>>know that the market is changing but they don't know how to adapt. I
>>also think these 501K investors are going to keep adding money to 
>losing
>>portfolios.
>>
>>We all have to keep in mind this is a capitalist environment and the
>>name of the game is to reduce the wealth of the masses and 
>concentrate
>>it to the hands of a few. Mr. Soros is our reminder that capitalism 
>is
>>alive an well. His philanthropic activity is classic behavior of a
>>capitalist that has made many suffer as a result of his nature to
>>speculate. So don't we can't be lulled to sleep by our modest wealth. 
>It
>>can be gone quickly.
>>
>>I also think that there is more to this Asian crisis that is going to
>>effect us. In a nutshell, be careful. The downside risk is very high 
>if
>>you want to go long. The downside reward is potentially much higher
>>going short.
>>
>>Harley
>>
>>
>
>