Markets First, the way I work I never make a prediction, even one day out. I let the market tell me what to do, and then I execute. Even so, I'm wrong on entry 70% of the time. I've never talked to any really big shooter who won't tell you the same. The trick is to have strong sell signals, AND THEN PAY ATTENTION. The money is made when you make these huge runs on stocks you have chosen correctly.

Everybody, EVERYBODY, who gets does a financial show on TV by definition is going to be wrong most of the time. They hedge what they say with astrological writing...Flange is going to $30 unless the Fed tightens and money gets too expensive...Boy do I like paper---never ever naming a stock and when to buy it and when to get out if you are wrong.

Give me a break. If you'd like to learn to trade---meaning buying or selling with the intention of closing the position out----the best of the best is Peter Steidlmayer at the CBOT. His Market Profile method of TRADING has no equal; problem is that most guys don't have the discipline to trade it, or trade it without really getting it. The best of the best when it comes to investing is Bill O'Niel at Investors Business Daily. By every measure by every evaluator he's number one over almost every period of time. The CANSLIM investing method has no equal and stands alone. WARNING there are a ton of hustlers out there who say they will do the work for you and give you tips. Wrong. You must learn the system and do it yourself because you are going to be investing in New America stocks that cannot handle a sudden buy of 200,000 shares..

I get back to the topic of the heading regarding TV guys. They all run out of things to say. I commented on Kudlow's site today how really bad Elaine Garzarelli is. She made one call, the crash of'87, but she stayed bearish for the next four months and missed a huge rally. She was fired by Shearson because she lost so much client money----actually she had gains but they were pathetic when compared to almost anything else. I told Kudlow that he is aiding and abetting a fraud by putting her on. She has no Series 7 license (under her own name, at least), no discernable trading license---she cannot directly handle investor funds, and has one of the most awful track records in the business. So why is she on TV all the time? She's a self promoter and everybody runs out of faces to shove onto the tube. AND she is a woman, don't ever forget that.

Other stuff: dollar is breaking out again but I think it will be tough going over 87.50 with major congestion in the 89 area. Now the fun begins, especially if the French turn down the EU. I'm going to do a major piece on the linking of currencies that might help.

The indexes: WTFDIK? Do not invest in them. Let them act as ONE signal to buy or sell. One thing I do know is that the price of pussy in Amsterdam has collapsed because much younger girls have moved in---these young girls are illegal aliens, or sex slaves. Nobody wants an old whore when a young one shows up.