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Several Years ago Harry Dent came out with a theory that
the stock market can be predicted
using demographics. The high productivity group and also
the high spending group in our
country is people in their 30's and somewhat in the early
40's.
When an extraordinary large portion of the population
reaches the end of the heavy spending
cycle the stock market will turn. By the same token when
the a large portion of the population
enter the heavy spending cycle the economy will surge.
To see who is next based upon demographics go to.....
http://www.bemore.com/newpage138.htm
At 08:41 AM 6/22/98 PDT, Darrin Vernier wrote:
>Essan Soobraty wrote:
>
>>The way I handle the media is:
>>(1) Fade Jim Rogers when he mutters anything on CNBC
>>(2) Never read the WSJ unless its 2 days old.
>
> It never ceases to amaze me how destructive an influence the tug of
>the media upon the psyche can be. The best answer for me has been to not
>read or watch them at all. The cost of the "advice" and distraction from
>a technical plan was far greater than the cost of the subscriptions.
>
> Not long after I started trading, a salesman called and tried to
>get me to subscribe to WSJ. I made the mistake of telling him I was a
>relatively new trader. He suddenly switched to a hushed, conspiratorial
>tone, confided that he used to work "On Wallstreet", and, as if inviting
>me to join an elite inner circle, he shared his most precious secret.
>The secret he shared with me was this:
>
> "Reading the WSJ before open is the single most vital part of a
>successful trading strategy."
>
> My response to him, in equally hushed tones reflecting suitable awe
>was "And now you're a paperboy?". <g>
>
>
> Darrin Vernier
>
>
>
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>
>
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