12/28/2004

Instead of following Reynolds links to the usual losers at Carnival of the Capitalists, who is just another of his Nashville hicks pretending to know something and a danger to anyone who listens to the encylopaedia of opinions. Instead, go to people who know something. I have a better track record with actual money than any of Reynold's pals and here is where you go. First read Luskin each time he appears on NRO. His current piece on SS is challenging. After reading it go HERE to Social Security for Dummies and you will see how complex the SS situation is; investors need to familiarize themselves with this topic. Read Kudlow each day; you are not getting his private newsletter which costs in the thousands of dollars but you are getting good stuff; always remember he is a Republican and his Right Wing views do cloud what he says. Problem is that he has been correct for a long time. Subscribe to and follow Investors Business Daily. It is a statistical fact that his CANSLIM system outperforms everyone by fifty or so percent and you won't lose. But you have to WORK on the data at least an hour a day, those of you looking for race track touts for a quick tip deserve to lose. Stay away from these blogger assholes. 11,700 on the Dow is still the call, BUT you will still lose your ass if you are in the wrong stock; a rising tide only lifts boats that are in good condition, the ones with holes in the hulls remain on the bottom. The rising tide analogy is one more moronic bromide. BTW Kaus is a very good guy for explaining things economic when he bothers to comment, particularly HERE. Lots of people who know jack shit about markets and investing tout themselves and their worthless opinions on the web. If they had licenses they'd be fined and face charges. Reynolds just refers. Pay no attention to his stuff. BTW Luskin knows a lot about private accounts with SS and he isn't a nut case. Always remember, there is a major difference between investing and speculating. Most of the web jerks are pseudo speculators with YOUR money, thank you very much.