THREAD CLOSED!!! Ask Rande 5000+: USE NEW THREAD

Top 72. Mar 25, 2000 10:08 PM

» tonda - Rande & mattheduck

Thanks for the extra feedback.I'm going to hold for a while to see what Runge the CEO of pg comes up with.Maybe he will destroy (re-invent) the Co.like Jack Welch did with GE.I can see it now as pamper.com (:-)].

-- posted by tonda

Top 73. Mar 26, 2000 6:05 AM

» MarketTimer - ****MARKET TIMER BANNED FROM BB SITE TOO!****

I can't log in on BB's site anymore either. You say one thing Jr. doesn't like and you're password is crippled. That is the most censored site on the planet. The spin the "old man" put on his bogus call yesterday almost made me physically ill. I immediately turned the radio off.

-- posted by MarketTimer

Top 74. Mar 26, 2000 8:41 AM

» Kirk - Papa John Tribute to Rande

To: papa john (106046)
Date: Mar 26 2000 11:31AM
From: papa john Msg #: 106046

BB sr. or jr.---As of Mon.3-27-00 I will cancel my subscription to MT. I will resume when Rande is allowed to post again if he still wants to.BTW I have made a lot of money on Randes suggestions and have lost a lot of money on John Bernsteins suggestions. My own fault I know.I am certainly old eneough to know that.I want to thank all the posters for all of the good hours of reading they have given me. Believe me when you get to my age its not about money.Its about frienships and happiness.I have been investing since 1958, I think probably longer then some of the posters here have been on this earth. I have a lot of respect for the things that Rande has posted. I dont have a great deal of education as you probably can tell by some of my post.I came from a very poor family and was only able to go to school 7 years. I was shining shoes in Philadelphia bars when I was 8 years old.My point is that unselfish people like Rande have helped me get to where I am today.(Critical Mass) As some of you like to call good living. Doing whatever you like to do.I have never timed in and out of the market. In my opinion it is the dumbest thing you could ever do. Basicly I am investing for my heirs because I could never spend the money I have accumalated over the years .Find good people like Rande to listen to and stay the course.I never paid a dime for Randes advice but I have paid a lot of money over the years for advice. The best advice I have ever had was to never time the market. Thanks to all (Dan, Betty,Paul,J.Lynn,Deanna,Dave Shattler,and many others who have come and gone.I will be a lurker hoping to see Randes return.

It is good to see that some people see above the slander and can make the right decisions.

-- posted by Kirk

Top 75. Mar 26, 2000 11:15 AM

» Rande - Many, many thanks to PJ (and Dan, Deanna, Karin, and the numerou

Many, many thanks to PJ (and Dan, Deanna, Karin, and the numerous others over there who bravely expressed their feelings in a difficult atmosphere). Yes, the spin is on and the fur is flying (thankfully, for some, I'm a forgiving sort). But, you know what? It's a distraction to our main purpose, and couterproductive in the extreme. What motivated me from the beginning to freely share my thoughts and views from the outset still stands -- the desire to see others succeed in the business of personal finance. Always had a soft spot for the BB site and the work Brinker has done, despite my feelings that the idea of market timing is wrong.

Well, for me the notion of the BB.com is a closed chapter, but life goes on here at Suite101. Yes, it would have been nice to have at least received an email from Bob Brinker Jr., explaining things. In the "old days" he used to correspond and express his appreciation for my participation at his website. Evidently, over time my penchant for "telling it like it is" without regard for emotion or allegiance rubbed the wrong way once too often. Can't help it. I'm honest to a fault and make no apologies for speaking the truth.

And now.....as they say in NYC, "Fuggedaboutit." With all due apologies and with many thanks to those over there who have expressed their appreciation, I would never again touch that place even with someone else's thoughts, let alone my one. Onward and upward, leaving the distastefull behind. At this point, the sooner
everyone stops talking about the BB nonsense, the better.

-- posted by Rande

Top 76. Mar 26, 2000 11:38 AM

» Rande - This week's Barron's is a real treasure trove.

This week's Barron's is a real treasure trove. First, is the "Investing for Retirement" insert. Be sure to check out:

"No Fear," which discusses the Baby Boomer's comfort, relative to their parents and grandparents, with financial market risk.

"Just Say No to Variable Annuities" speaks for itself and couldn't agree more.

"Easing the Pain of Withdrawal" is a good one on the little-known NUA (net unrealized appreciation) provision under the Treasury Regs that allows indidivuals to take out company stock from their qualified retirement plans. My caveat -- crunch the numbers anyway, it's not always a no-brainer. Maybe Tim can do a piece on this subject at some point.

"Think Twice" expresses the skepticism I've always shared with regard to long-term care insurance.

"Retire? Hell No!" may have an irreverant title, but the point is a good one -- many Boomers may end up working past the 'normal' retirement age, which would bode well for SS, Medicare, and stocks.

"A Nation of Millionaires" begs the question, "Why Not?"

Elsewhere in this week's edition....

Check out Louis Navellier's views in the "Market Watch" column, where he talks about the mid-cap "sweet spot."

This week's "Economic Beat" is by Stephen Roach with the title: "It's a Classic Moral Hazard Delemma: The Fes Is Paart of the Problem It Wants to Resolve." Another advocate of increased margin requirements. Good reading.

For those who question the government inflation reports (in these quarters, the though is that it's still UNDERstated), "Is Inflation Hiding?" by Don Losman is well worth reading.

Finally, under "Editorial Commentary," by Tom Donlan, "Floating Rates" is a must read. Good views on the pros and cons of Greenspan's leadership at the Fed.

Happy, and profitable, reading.

-- posted by Rande

Top 77. Mar 26, 2000 1:06 PM

» JuanDeLaCosta - Banning

Hi Rande,

Although I don't post much on BBSr's site anymore, I did log on yesterday just in time to find out about your being banned from the site and the reaction to the banning. I just wanted to say that it's too bad BBSr's site has come to this state of affairs. However, the site always had problems, dating back to the days when BBJr used to participate in the discussions. I recall when people would get fed up a leave the site, BBJr would always say, "Happy Trails". Then, he wisely stopped posting, which took some of the sting out of the site. Of course, there was (and maybe still is) the viciousness of Hawkeye and associated aliases. Anyway, while you were posting on BBSr's site, you provided a lot of useful information and viewpoints that probably helped a lot of people. Your departure from BBSr's site is the site's loss.

-- posted by JuanDeLaCosta

Top 78. Mar 26, 2000 1:07 PM

» Hugs - Next week on the DOW...

What's that old saying for March? In like a lamb, out like a lion? Oh well, I guess that's for the weather... but, I was sort of wondering if something like might not be said for what the DJIA is shaping up this month. Here's something else to consider that I fished of a post elsewhere:

______________________________________

A useful thought for the week to come from OptionInvestor:

"Looking forward to the next week, there are a variety of factors that will be prevalent in the market. Being the last trading week of the quarter, fund managers will be participating in "window dressing." This is the practice of investing all or most of the cash that these funds have on the sidelines. Fund managers do this so that they are fully invested on their quarter-end books. Investors typically don't like to see their investments in cash, especially in a bull market. Considering that TrimTabs.com estimated $21.9 bln flowed into all equity funds over the week ending March 22nd, we could see a buying fest. It is these strong fund flows that underpinned the market this week. Momentum plus high liquidity equals rally."
______________________________________

It makes perfectly good sense to me. Maybe that's why I've sunk both teeth into it lately.

-- posted by Hugs

Top 79. Mar 26, 2000 1:29 PM

» JuanDeLaCosta - Banning

Hi Rande,

-- posted by JuanDeLaCosta

Top 80. Mar 26, 2000 3:07 PM

» Rande - Juan -- Thanks for the kind words.

Juan -- Thanks for the kind words.

Hugs -- Sure makes sense to me too. Of course, it made sense that the market should go up big time in January too. Seems as though all the right factors are in place for a great finish to March, but the market does have a way of spurning conventional wisdom. Not making any changes one way or the other, so naturally I'm looking for logic to prevail. ;)

-- posted by Rande