3/27/2004

Markets
JUST DO IT

Cutting to the chase. Here's the raw data:
Economy looks super, everything but jobs and they are coming right now.
Low rates
Dollar has turned and will trend up for a year at least
Highest productivity in the world
GDP of 4.5% or higher
Computer sales up 25% (means Intel etc. boom)
TV ad time virtually sold out.
Consumer spending up .2%
Consumer income up .4%
Housing sales set another record

And that's just a start. This is probably best investment time in a long time. Look for dividends. Almost NO profit warnings from companies. We could see a huge GDP number first quarter.

I say this because in my business I have access to a large number of very private newsletters. Yesterday they were almost all bearish, which means the market will go higher. Now I'm going to present data from an independent company regarding William O'Niel and Investors Business Daily and his system that anyone can learn called CANSLIM:

CAN SLIM™ Tops Performance

A new analysis of stock-selection strategies by the American Association of Investment Research Tool the CAN-SLIM system comes out on top. CAN SLIM's 6-year cumulative performance, from 1998 through 2003, was 706%, compared with the S&P 500 at 10.7%, the AAII says.
So there it is, if you're not making money right now you are stupid or lazy. Period

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