THE THREE AMERICAN VICES

A reader approached me last month at the Investment U conference in
Delray Beach and said, "You sure have a knack for picking winning
stocks. How do you do it?"

"It's very simple," I said. I then whispered in his ear, "Lin
Yutang."

"Lin Yutang?" he asked. "Is that a new Chinese trading system?"

"No, I'm afraid not. It's a philosophy of life."

He seemed intrigued. I went on to explain that Lin Yutang was a very
unusual Chinese philosopher and writer who lived in both China and
the United States, and understood both cultures. He is known as the
philosopher of leisure and "letting go." I quoted his most famous
line - a line that usually angers Americans:

"The busy man is never wise, and the wise man is never busy."

I made the mistake of writing this statement on the blackboard on
the first day of class at Columbia Business School. A third of the
students left and dropped the class immediately. [But those who
stayed said it was the best class they ever took at Columbia. As one
student said, "We've never been taught anything like this before at
Columbia!"]

Yet there is wisdom in Lin's statement. If you are too busy in your
work, you don't have time to learn new ideas, to discover new
truths, to enjoy life's little pleasures, or perhaps to pick a
winning stock! Beating the market requires you to look down un-
trodden paths, and you need the free time to do it.

Lin Yutang criticized most Americans for being too busy, and
therefore too subservient to the business culture and the old ways.
Slaves to their work, they worry themselves to death. In another
startling statement, Lin states, "The three American vices seem to
be efficiency, punctuality and the desire for achievement and
success. They are the things that make the Americans so unhappy and
so nervous." Gee, I thought they were American virtues!

Lin goes on to say, "O wise humanity, terribly wise humanity! How
inscrutable is the civilization where men toil and work and worry
their hair gray to get a living and forget to play!"

Lin offers the secret to success for the businessman [busy man?] in
this following statement: "Actually, many business men who pride
themselves on rushing about the in morning and afternoon and keeping
three desk telephones busy all the time on their desk, never realize
that they could make twice the amount of money, if they would give
themselves one hour's solitude awake in bed, at one o'clock in the
morning or even at seven. There, comfortably free, the real business
head can think, he can ponder over his achievements and his mistakes
of yesterday and single out the important from the trivial in the
day's program ahead of him."

Lin Yutang is a champion of the individual - "its unreasonableness,
its inveterate prejudices, and its waywardness and
unpredictability." But in today's society, the individual free
thinker is being replaced by the soldier as the ideal. "Instead of
wayward, incalculable, unpredictable free individuals, we are going
to have rationalized, disciplined, regimented and uniformed,
patriotic coolies, so efficiently controlled and organized that a
nation of fifty or sixty millions can believe in the same creed,
think the same thoughts, and like the same food." Lin goes on to
warn, "Clearly two opposite views of human dignity are possible: the
one believing that a person who retains his freedom and
individuality is the noblest type, and the other believing that a
person who has completely lost independent judgment and surrendered
all rights to private beliefs and opinions to the ruler or the state
is the best and noblest being."

Lin dislikes the popular trend of compartmentalizing people in
groups and classes. "We no longer think of a man as a man, but as a
cog in a wheel, a member of a union or a class, a 'capitalist' to be
denounced, or a 'worker' to be regarded as a comrade...We are no
longer individuals, no longer men, but only classes."

Lin Yutang experienced the brutality of Chinese communism and the
heavy-handed bureaucracy of Washington during the New Deal era.
Needless to say, he has a low opinion of government. "I hate censors
and all agencies and forms of government that try to control our
thoughts."

He also questioned the establishment economist and
forecaster: "Perhaps I don't understand economics, but economics
does not understand me, either. The sad thing about economics is
that it is no science if it stops at commodities and does not go
beyond human motives...It remains true that the stock exchange
cannot, with the best assemblage of world economic data,
scientifically predict the rise and fall of gold or silver or
commodities, as the weather bureau can forecast the weather. The
reason clearly lies in the fact that there is a human element in it,
and when too many people are selling out, some will start buying
in...this is merely an illustration of the incalculableness and
waywardness of human behavior, which is true not only in the hard
and matter-of-fact dealings of business, but also in the shape of
the course of history."

Lin Yutang was probably unfamiliar with the one school of economics
that does take into account human behavior: the Austrian school of
Ludwig von Mises and Friedrich Hayek. That's why Mises's magnum opus
is called Human Action!

Lin Yutang has many more things to say about our culture and how to
live a happy and fulfilling life...about growing old gracefully
("The East and West take exactly opposite points of view. In China,
the first question they ask is, 'What is your glorious age?'I've
only scratched the surface of this brilliant Chinese philosopher.

This was from an article that was written by Mark Skousen



p.s. ( From The Lascone ) We can learn so much from Lin Yutang. In life  (as
well as trading ). Try to be patient, sit like the tiger in the brush. When
opportunity comes along ... Pounce quickly. I encourage readers to
buy Lin Yutang's book, The Importance of Living. It was written in
1937, but in today's' hustle and bustle world, it is even more
relevant.

Good Luck Trading in the New Year MarketTraders

IT'S TIME TO RENEW YOUR SUBSCRIPTION TO THE LASCONE'S
MARKETNEWS  !!!!

                (PHOTO)

http://koinpro.tripod.com/BarsMedalsRounds/StockMarketCoin.jpg

========================================

  Please get your payment in now, or by the end of December, the
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finance.  This is a weekly newsletter filled with information to
help you beat the market.


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the past week.

-I offer useful information to help you with stock selections and
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TheLascone's MarketNews · THE NEWS THAT YOU CAN BENEFIT FROM "Politicians are
like diapers, they both need to be changed
for the same reason."
----------------------------------------
WEEK IN REVIEW : This was a Options Expiration Pre-Holiday shortened week. The
Monday before expiration day was streaky with the Dow up five straight,
1994-1998, during the bulk of the last 20th Century bull market, down five in a
row, 1999-2003, and up in 2004. When France got Fried , it was obvious that the
world was looking for security for  it's assets. They ran to the Dollar, US
Equities, Bonds, and Gold.  Gains and losses were minimal Monday, and the
market's major averages spent the session surrounding the flat line.  Comments
from Fed Chairman Greenspan, regarding the current account, provided a
short-lived spark, but following three weeks of broad based gains and amid a
dearth of data on the earnings or economic front, buyers stuck to the sidelines.
At the same time, sellers found little catalyst and similarly kept action in
check.

We had a minor rally attempt in early trade but it elicited no follow-through
interest with the market drifting slowly lower into the afternoon amid below
average volume.  Sector weakness had been noted in Coal -3.8%, Steel -1.9%,
Airline -1.1%, Utility -1.1%, Gold -1% and Drug -0.9%.  Groups on the plus side
are being led by Paper +1.8% (GP +36%), Oil Service +1% . An uptick in energy
prices helped direct some buying interest towards the Energy sector (+0.5%)
Nervous stock investors collected profits and sold stocks lower Tuesday, wiping
out an early advance amid conflicting signals about inflation and consumer
spending.The market gave back its gains after the Dow Jones industrials reached
an eight-month high. Investors have been uneasy for months about the economy and
the effects of inflation, rising interest rates and soaring energy costs. Wall
Street's retreat also came despite crude oil settling below $57 a barrel for the
first time since late June. A barrel of light crude dropped 71 cents to $56.50
on the New York Mercantile Exchange.

Stocks closed a zig-zag session  down Wednesday as General Motors Corp.(GM) hit
an 18-year low. The EIA report released the latest energy inventory data;
unexpected drawdowns in crude and gasoline supply overshadow the effect of a
better than expected build in distillates. With this news,  Crude futures
reversed course, rising 0.7%  jumping over the $57 per barrel mark. .Rising oil
prices dulled investor enthusiasm. This also dragged down the Dow Jones
industrial average. Trading was light on the floor and some said last week's
strong closes came in anticipation of Wednesday's cheery inflation numbers,
leaving little to trade on during the day's session. Buy the Rumor Sell the News
? The Dow fell 11.68, or 0.11 percent, to 10,674.76. Broader stock indicators
were barely higher. The Standard & Poor's 500 index rose 2.20, or 0.18 percent,
to 1,231.21, and the Nasdaq composite index rose 1.19, or 0.05 percent, to
2,187.93.
Bonds rose sharply as stocks declined, with the yield on the 10-year Treasury
note falling to 4.47 percent from 4.56 percent late Tuesday. The U.S. dollar was
mixed against other major currencies in European trading. Gold prices were
higher. Watch for possible interest in bird flu plays BCRX, NVAX, HEB following
Tamiflu news.

After flatline readings throughout the week, the stock market finally reclaimed
some of the upside momentum that helped lift the major indices an average of
4.9% over the last three weeks. This will lend credence to the belief that a
traditional year-end rally will close the S&P 500 up 5% for the year. Thursday
was a tech rally ... NQ's were up 1.4% compared to DOW up only .4%. Overnight
there was talk of French selling truck loads of EUR/GBP over .6800  The morning
began with the Initial claims report , which was the  lowest in 7 months. This
suggested a strong job market. Treasury Secretary John Snow , argued in a speech
prepared for delivery to the Tax Foundation, that Congress should extend a pair
of investment tax cuts due to expire in 2008. This action now would encourage
economic growth.  The fact that about two thirds of the S&P 500 has either
surpassed or matched analysts' forecasts, suggesting a 14th consecutive quarter
of double-digit (about 15%) year/year EPS growth, positions the market for a
modest year-end rally.

A late rebound gave Wall Street modest gains Friday as two acquisitions and
upbeat earnings from Hewlett-Packard Co. helped lift the major indexes to
four-year highs. The Dow Jones industrial average climbed 46.11, or 0.43
percent, to 10,766.33, after retreating from a 76-point gain earlier in the day.
Broader stock indicators reached their highest levels since mid-2001. The
Standard & Poor's 500 index was up 5.47, or 0.44 percent, at 1,248.27, and the
Nasdaq composite rose 6.61, or 0.3 percent, to 2,227.07. For the week, the Dow
added 0.75 percent, the S&P 500 rose 1.1 percent and the Nasdaq gained 1.12
percent. However, while the indexes are at four-year highs, their performance
for the year to date is mediocre at best: The Dow is down 0.15 percent, the S&P
500 is up 3 percent and the Nasdaq is 2.37 percent higher. Crude futures fell to
five-month lows although the approaching winter weather still has many concerned
about oil and gas supplies. A barrel of light crude dropped 20 cents to settle
at $56.14 on the New York Mercantile Exchange. Bonds slipped, with the yield on
the 10-year Treasury note rising to 4.5 percent from 4.47 percent late Thursday.
The U.S. dollar was mostly lower against other major currencies in European
trading, while gold prices were little changed.

------------------------------------------
Do you trade the futures ? Here are the ES technicals:The short-term and
intermediate trends are both higher. A close above 1241.00 keeps both of the
trend moving up.  A close below 1228.25 moves the short-term trend down, with a
close below 1216.75 moving the intermediate trend down.
------------------------------------------
Senator Clinton wants to levy a windfall profits tax on the oil companies.
It might surprise Senator Clinton  to discover that oil company profits are much
less "obscene" than those of the nation's largest finance companies. Maybe she
should look at the chart below......
                              (Chart for subscribers)
As the chart above illustrates, the combined cumulative earnings of Citigroup
and Bank of America from 1995 through the third quarter of this year totaled an
astounding $223 billion, a sum which happens to be $14 billion HIGHER than the
combined cumulative earnings of ExxonMobil and Chevron over the same timeframe.
Maybe the Senator should think twice before throwing stones.
http://www.ezimages.net/upload/RUDE/WindfallProfits.gif
------------------------------------------
Interest Rate Talk : Bill Gross says that while difficult to forecast, if rates
go much further, there could be absolute home price declines. At 4.25%, he
thinks the Fed will realize housing has cooled, and in 2006 the Fed will stop
4.25%.
----------------------------------------

This week the " WSJ " ran a column on stocks that should be shorted.The top 7
Stocks with high short ratios : LEND  OVTI  RRGB  CPN  MSO  WGO  BZH
---------------------------------------

Some of Mr Buffett's holdings ( part 2 ):

Berkshire Hathaway, of which he owns about 31%, is a large and complex business.
It has substantial stakes in Coca-Cola Co., Wells Fargo Co. and American Express
Co. PetroChina Co  holds an 18.1% stake in Washington Post Co.
----------------------------------------
If you trade or invest this newsletter is a Tax write off
==============================
  ... GOOD LUCK MARKETTRADERS


[Non-text portions of this message have been removed]

Real Estate Bubble? You Bet!

( an article from the motley fool website )



The total value of residential property in developed countries rose by more than
$30 trillion over the past five years to more than $70 trillion, according to
The Economist. That increase is equivalent to 100% of those countries' combined
gross domestic products (GDPs). Ponder the magnitude of that statement.

To be fair, it's difficult to grasp exactly how amazing that is without
historical context. Those numbers dwarf any previous housing boom, the global
stock market bubble of the late 1990s (a GDP increase of 80% over five years),
and America's stock market bubble of the late 1920s (55% of GDP). We're looking
straight into the eyes of the biggest bubble in history.

Some signs
Consider these bubble indicators:
Compensation. Robert Toll, CEO of Toll Brothers (NYSE: TOL) is No. 13 on the
Forbes list of most highly compensated CEOs. His total compensation for 2005 is
estimated to be more than $50 million, including a $30 million bonus.

Media. "Flipping" properties has become so popular that there's even a new
television show called Flip This House. It's nearly impossible to pick up a
newspaper or magazine without reading about the riches to be made in real
estate.

Cocktail-party barometer. Remember a few years back, when the only thing people
wanted to talk about was their latest IPO highflier? Well, listen closely at
your next party and see how many of your friends are talking about how much
they've made in real estate.

New risky mortgages. The Washington Post recently reported that Fed Chairman
Alan Greenspan warned that "home prices seem to have risen to unsustainable
levels" in certain local markets. An Economist article stated that "42% of all
first-time buyers and 25% of all buyers made no down payment on their home
purchase last year."

Consumer debt levels. Consumer spending accounts for approximately 70% of our
GDP. That's well above the 75-year average of 65.5% (covering the period 1929 to
2004) as described in a report  provided by famed value investor Arnold Van Den
Berg of Century Management. This spending level is not sustainable, especially
now that consumer debt is approximately $10 trillion, or almost 80% of total GDP
($12.3 trillion). The bulk of that consumer debt? Yep, you guessed it:
Approximately $8 trillion is mortgage debt.
Don't know much about history
Leverage -- particularly buying stocks on margin (with little or no money down)
-- played a big part in the Great Depression. We're doing much the same thing
today with interest-only or negative amortization loans.

Remember Black Monday in October 1987? How about the savings and loan failures
that followed? From the late 1980s to the late 1990s, real estate was not a
particularly great investment. My wife and I bought a home here in Virginia in
1998 for the same price the previous owners had paid way back in 1989. That's
nine years and zero appreciation.

But wait, there's more. One of Warren Buffett's early partner letters (with
updated numbers) provides a great example of the irrational returns of today's
real estate market. Back in 1636, the Dutch purchased Manhattan Island for $24
worth of glass beads. In 2004, the assessed value of all the properties on
Manhattan was $186 billion. What a steal, right?

Well, hang on a minute. Do you have any idea what kind of annualized return
you'd need if you wanted to turn that measly $24 into $186 billion? Just 6.37%.
Real estate, or any other investment for that matter, will not increase at 20%
per year for very long. Eventually, reversion to the mean kicks in.

Did you know the housing market in Hong Kong saw a "real decrease" in housing
prices of 57% from 1997 to 2002?

It's safe to say that people's expectations are out of whack and that real
estate investments won't increase at the same rate they have in the past five
years. As a matter of fact, in some markets, I don't think it's out of the
question for some properties to lose 20% to 30% of their value in a given year
or to see no increases for a decade or more.

Bringing it home: The 150 to 200 rule
If a home is selling for 150 times the monthly rent (or less), it's generally a
good deal. If it's selling for more than 200 times the monthly rent of a
comparable property, you're better off renting. I ran this little test for a
house near Fool HQ in Alexandria, Va. House A has five bedrooms and 4.5 baths,
and it sits on one pristine acre. You can rent House A for $3,900 per month.
Based on comparable sales, this home would sell for approximately $2 million.
Therefore, it's selling for 512 times the monthly rent! Put another way, if you
mortgaged the whole $2 million at 5.42% over 30 years, your monthly payment
would be more than $11,000.

If it seems like something doesn't add up, you're right.

Who will get hurt?
Bill Gross, famed PIMCO fund manager, believes that holders of real estate,
equities, and high-yield debt will get hurt. I agree. Among those likely to be
burned are:
Speculators who own properties that don't generate cash flow exceeding their
mortgage payments.

Big banks -- in the fourth quarter of 2004, derivatives held by commercial banks
totaled $96.2 trillion. If you own shares of a bank (or any other company with a
significant amount of derivatives exposure), ask yourself whether you understand
the potential risks. Holdings of derivatives are concentrated in the largest
banks, with five commercial banks accounting for 96% of the total notional
amount of derivatives in the commercial banking system, according to Kathryn
Dick, deputy comptroller for Risk Evaluation at the Office of the Comptroller of
the Currency.

First-time homebuyers who are stretching into their homes using adjustable-rate
mortgages, interest-only loans, and "pay as much as you like" loans.

Holders of homebuilder stocks like Toll Brothers, Pulte (NYSE: PHM), and D.R.
Horton (NYSE: DHI). These stocks seem extremely cheap right now, with
price-to-earnings ratios (P/Es) in the single digits. However, this is a
cyclical industry, and the best time to buy into cyclicals is when they look
expensive.

Exuberant buyers of mortgage-backed securities (MBS). As you'll read below,
stretching for returns can lead many investors into mortgage-backed securities.
Why will the end be so bad?
Robert Brokamp, the Fool's resident retirement guru, talks to his members a lot
about asset allocation and the importance of negatively correlated assets. If
one asset is going up, the other will likely be going down. It worked pretty
well during the bursting of the tech bubble, when many people's real estate
gains more than made up for their market losses. More than ever, I believe the
economy is being driven by real estate. When that asset class turns, it will be
like a bunch of dominos, and the stock market will follow. Here's why.

"Loose lending standards are probably the single biggest thing fueling the
speculative fever we have today" in housing, says economist Kenneth Rosen,
chairman of the Fisher Center for Real Estate at the University of California --
Berkeley. There are loose standards because of strong demand for mortgage-backed
securities. In this low-interest-rate environment, an MBS guaranteed by Fannie
Mae (NYSE: FNM) or Freddie Mac (NYSE: FRE) is too profitable for investors to
pass up. In a time when 10-year Treasuries are yielding 4.2%, you can get an MBS
earning 5.5% and a subprime security with no guarantee that can yield as much as
15%. Who is holding these mortgage-backed securities? Asian investors now
account for roughly 10% to 20% of mortgage securities, but hedge funds,
pensions, and insurance companies are big players in this market.

If we see a sharp drop in housing prices, I expect financial institutions to
take a hit, consumer spending to dry up, default rates to rise significantly,
and a long-overdue crackdown to come on loose underwriting standards. According
to The Economist , over the past four years, consumer spending and residential
construction have accounted for 90% of the total GDP growth. Additionally, more
than 40% of all private-sector jobs created since 2001 have been
real-estate-related sectors. In short, it's going to have a serious impact on
our entire economy.

What should you do?
Really, there are a few ways to hedge against the bubble:
Stay away from long-term bonds.

If you're a first-time homebuyer, do not purchase a home that costs more than
three times your gross household income, and do not pay more than 200 times what
a comparable property is renting for.

Focus on top-tier companies that trade at reasonable valuations with pristine
balance sheets. There are some large-cap blue chips that qualify right now.
Wal-Mart leads that list.

If you're not a real estate expert, now is not the time to start speculating.

Don't be afraid to hold cash. Some of the best money mangers around are holding
10% to 45% of their portfolios in cash. With rising interest rates, bubbly real
estate prices, and government, consumer, and corporate debt at all-time highs,
you'll no doubt find more attractive prices in the years ahead.

If you have investments that are influenced by the real estate market -- like
Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) -- you must understand how a
downturn will affect their businesses.

It's important to have exposure to economies outside the United States. In his
recent book, Wharton Business School professor Jeremy Siegel recommends that
investors have 40% of their holdings in international companies.
In short, don't panic. And don't try to time the market. The first step toward
becoming a master investor is becoming a compulsive saver. Prudent investors who
are not overburdened with debt will be fine.



[Non-text portions of this message have been removed]

TheLascone's MarketNews · THE NEWS THAT YOU CAN BENEFIT FROM





  Don't risk too much of your account value on one single trade.
Trading is a marathon, not a sprint. If you risk too much of your
capital on one trade and lose, you will have taken yourself out of
the game and there is no way to profit if you are not playing.

----------------------------------------
WEEK IN REVIEW :


http://tinyurl.com/7pqmm  (AOLusers)

This was a holiday-shortened trading week.   Futures set the pace as
the markets opened for the week.Investors rejoiced Tuesday, as crude
oil and gas futures dipped, after the decision by industrialized
nations to release 60 million barrels of crude from strategic
stockpiles in the wake of Hurricane Katrina. The Dow rose 141.87, or
1.36 percent, to 10,589.24, its best one-day gain since July 8.

The stock market didn't waver much in the face of an afternoon
speech from Chicago Fed President Moskow Wednesday. In fact, it
added to Tuesday's sizable gains, finishing the session on an upbeat
note that left the indices near their highs for the day.  A key
source of support came from the decline in crude prices (-$1.68 )
that accelerated in the afternoon trade as speculative positions
continued to be unwound. The price has moved up above both the 50
and 200 day moving avg. on the Daily Dow and Transportation charts.
As long as we stay above that support, we will be in a bullish mode.

While the S&P has shown its resilience of late, rallying 1.3% in
just two days and still up nearly 2.0% since Hurricane Katrina
struck, on the belief the U.S. economy can weather the storm's
impact, doubt returned to close nine out of ten economic sectors to
the downside... Thursday at 10:30 ET, investors got their first look
at oil inventories since Hurricane Katrina struck. Crude oil
supplies fell for a second consecutive week, gasoline inventories
fell for a tenth straight time, and distillates also fell, but
smaller than expected declines of 6.5 mln barrels, 4.3 mln barrels
and 816K barrels, providing some relief that the damage may not have
been as extensive as initially thought.

A separate factor was eBay's (EBAY) plunge, down on news that the
internet retailer had offered as much as $5 bln for internet phone
company Skype Technologies. We mentioned last month, how , SKYPE
almost sold to Rupert Murdoch's News Corp. for $3 billion. By
acquiring Skype, eBay could set itself apart by exclusively offering
Skype's low-cost voice services to customers. Skype's trademark
computer-to-computer calling would let eBay's buyers talk directly
with sellers, and customers could also use the technology to take
part in auctions live, calling out bids vocally. Even as eBay joins
the list of rumored suitors, the outfit may be better off with an
IPO. And the founders seem to know it.

The week ended with strong gains across the board.The top performing
index on the week was the Dow which gained 2.3% from last Friday's
close to today's midday highs.  Bringing up the rear with a still
solid gain was the Nasdaq Comp at 1.6% (S&P 500 +2%, Russell 2000
+2%, S&P 400 +1.7%).  The Dow came within 22 points of the Aug/6
month high at 10719 and The S&P flirted with a four-year high, up
3.0% in the two-week period. The Nasdaq has had 5 distribution days,
the S&P 500 has had 4 distribution days , the S&P 600 has had 3
distribution days in the past four weeks.


-----------------------------------------
September's Vital Statistics from Stock Traders Almanac :

September is the worst month of the year. We have been interviewed,
quoted, and cited extensively over the years, but this year the
media has seemed particularly interested and investors have seem
particularly concerned this time around. For that reason alone, it
might not be that bad, but historically it is an extremely dangerous
month for investors. The end of September is one of our favorite
times of the year to buy.


-----------------------------------------



http://charts.dacharts.com/2005-09-01/Thelascone-33.png  (AOL users)

-----------------------------------------
Company to Settle and Mine Mars

Wired magazine is reporting that a new startup company is planning
to colonize and mine Mars by 2025. From the article: 'The new
company, 4Frontiers, plans to mine Mars for building materials and
energy sources, and export the planet's mineral wealth to
forthcoming space stations on the moon and elsewhere.
http://www.4frontiers.com/  Carbon, nitrogen and hydrogen are all
scarce on the moon, but readily available on Mars. And while oxygen
is available in both locations, it is easier to extract on Mars.

-----------------------------------------
   September's Vital Statistics from Stock Traders Almanac :

September is the worst month of the year.



( Reserved for subscribers )




-----------------------------------------
Plugin Lets Users Turn Internet Explorer into Firefox

There is a new plugin available for IE that can make Internet
Explorer resemble Firefox by adding tabbed browsing capabilities and
an integrated search box. Moreover, the plugin improves IE's privacy
and security by integrating a firewall designed to block out
Internet exploits, phishing sites, spammers, spyware and worms, with
a special HTTP filter that removes private data, and an anti-spyware
tool that can identify and remove all pests in less then 10 seconds"
-----------------------------------------

Katrina was not a natural disaster. It was a man-made disaster.

The man-made disaster was not an inadequate or incompetent response
by federal relief agencies, and it was not directly caused by
Hurricane Katrina. This is where just about every newspaper and
television channel has gotten the story wrong.

The man-made disaster we  witnessed in New Orleans did not happen
over four days last week. It happened over the past four decades.
Hurricane Katrina merely exposed it to public view. The man-made
disaster is the welfare state.

-----------------------------------------
MUTUAL FUND FLOW : Sept 7- Equity Fund Outflows -$54 Mil; Taxable
Bond Fund Inflows $887 Mil

-----------------------------------------

  Investor's Business Daily's energy sector

Investor's Business Daily's energy sector is comprised of 12 oil and
gas-related groups and the Energy-Other group. The stocks listed
below are the stocks in the sector with the best combination of
strong fundamentals and leading price performance. They're sorted by
Composite Rating with a secondary sort by 3-year EPS growth rate.

Symbol
   Company Name
   Composite Rating
   3-Year EPS Growth Rate





( Reserved for subscribers )



-----------------------------------------

Trading Desks of the Rich and Famous

http://charts.dacharts.com/2005-09-01/Randy's%20Trading%20Station%
20Small%20020.jpg

-----------------------------------------

Trading Tips :

Record your trades in a trade log or journal. Even if you are a
seasoned vet, it is helpful to review the "mindset" of each trade
and then have a written journal that you can refer back too.

-------------------------------------------------------------

Are there enough resources to go around ?

The chart below tells the tale. As global copper
consumption has reduced copper stockpiles at the London
Metal's Exchange the copper price has soared.



http://www.ezimages.net/upload/RUDE/CallingCopper.gif   (AOL users)

------------------------------------------
Professional presence

1. Wear what you want to say. The style of your clothing sends a
strong message (i.e. trustworthy, friendly, creative, sophisticated)
about your character. If you know you are meeting with someone very
traditional or conservative, it is best not to wear a tie with a
bright print or wear layers of bold accessories.

2. Do not blow your "presence" on casual day. If you look like your
alter ego on casual day, you need to change your game. Shaving for
men, and makeup for women, is still required. Shorts, tank tops or
sleeveless tops, torn jeans, and revealing or tight clothing are
never good choices.

3. Practice A+ grooming every day. If someone is well-dressed, but
not well-groomed, his or her presence will be negative. The most
common grooming faux pas are: overdue for a haircut or color touch-
up, stray hairs growing out of ears and nose, chipped nail polish
and/or ragged cuticles, too much or too little makeup, cologne or
perfume.

4. Stand up straight. Good posture can give the smallest individuals
energy and physical power. When you slump you lose more than 50
percent of your physical presence.

5. Pay attention to the details. Your professional presence extends
beyond your clothing, grooming and body language. Carry a briefcase
or computer bag that looks as good as your suit. Write with a
respectable pen, versus the pen that your printer gave you three
years ago.

-------------------------------------------------------------

MUG SHOTS :

Former WorldCom CEO Bernard Ebbers was photographed in September
2003 by the Oklahoma County Sheriff's Department. Ebbers and five
other ex-officials of the telecommunications giant were charged with
violating Oklahoma's securities laws in connection with the demise
of WorldCom, which collapsed last year and filed the largest
bankruptcy action in U.S. history.

http://www.thesmokinggun.com/mugshots/ebbersmug1.html

-------------------------------------------------------------

THE FOMC The rate-setting Federal Open Market Committee meets at
least eight times a year. Its members include the Board of Governors
of the Federal Reserve System, the president of the Federal Reserve
Bank of New York and a rotating selection of presidents of the other
11 reserve banks. Its members are:


Alan Greenspan, Board of Governors, chairman Timothy F. Geithner,
vice chairman,
New York
Ben S. Bernanke, Board of Governors Susan Schmidt Bies, Board of
Governors
Roger W. Ferguson Jr., Board of Governors Edward M. Gramlich, Board
of Governors
Donald L. Kohn, Board of Governors Thomas M. Hoenig, Kansas City
Cathy E. Minehan, Boston Sandra Pianalto, Cleveland
Mark W. Olson, Board of Governors William Poole, St. Louis


----------------------------------------------------------

Trading Tips :

Always have a plan. Each trade you make should clearly define an in
and an out.  Train yourself to get out when you said you were going
to. This is called sticking to the game plan. Getting into a trade
is easy, getting out is the hard part, that is why you need to stick
to your game plan.

----------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"

Thelascone : hey Jack , what are they drinking in the pit ?

spunkmeyer : Here is good link to all Fed speeches.
http://www.federalreserve.gov/calendar.htm

david77 : its raining in bklyn, NY and Verzon DSL is down


depot : GARY: you forget to add the gas future to the index window ?

rpcchart : CNBC is reporting FEMA director Mike Brown is being
relieved of running operations for hurricane Katrina relief efforts.
A news conference is scheduled for this afternoon.

Chuck :This Jack Broz is a master, I am ready to go to the cbot with
him and Saul.

Vutradr : any1 trading options on fu ?

Market_Vu : FX market completely dead

JerryC : we didn't start the fire!!!
http://home.uchicago.edu/~yli5/Flash/Fire.html
Bestrades : that would crush this thing .. maybe I know my stuff eh

alleyb : first off Monday I wont be there  2nd the following Monday
I wont either  they are holidays in UK and USA

gym : there was a kid in Boca, who made 13 mill the first year, on
borrowed money

CajunBoy : If I remember correctly , Jack said he was thinking of
leaving for the day . He said was going to play with his boys, since
school started tomorrow !


michaelaboyce : oil at lows and no uptick in equities??


Learn the way we play trend and momentum around  KEY TRADING AREAS.
www.themarketvushow.com

------------------------------------------
Subject: Ancient Phone Networks


After digging to a depth of 100 meters last year, Russian scientists
found traces of copper wire dating back 1000 years, and came to the
conclusion that their ancestors already had a telephone network one
thousand years ago.

So, not to be outdone, in the weeks that followed, American
scientists dug 200 meters and headlines in the US papers read:
"US scientists have found traces of 2000 year old optical fibers,
and have concluded that their ancestors already had advanced high-
tech digital telephone 1000 years earlier than the Russians."

One week later, the Israeli newspapers reported the following:
"After digging as deep as 5000 meters, Israeli scientists have found
absolutely nothing. They have concluded that 5000 years ago, their
ancestors were already using wireless technology.

--------------------------------
  CEO PITSTOP

http://images.ucomics.com/comics/csacm/2005/csacm050826.gif

--------------------------------------------------------------
NEXT WEEK IS OPTIONS EXPIRATION WEEK
--------------------------------------------------------------

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can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
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------------------------------

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?????????????????????????????????

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

The World Is A Book. And Those Who Do Not Travel Read Only One
Page.... St. Augustine

------------------------------------------

WEEK IN REVIEW :

  Before the bell Monday, Citigroup (C) - the most influential
component within the most highly weighted economic sector
(financial) - reported Q2 earnings shy of analysts' forecasts due
primarily to sluggish fixed-income revenues... With the markets
having already factored in a lot of positive earnings news, as
evidenced in a two-week rally that lifted the S&P (+2.8%) back into
positive territory for the year and to its best levels since July
2001, Citigroup's disappointment became the catalyst that left
participants little choice but to lock in some hefty profits... As
all ten economic sectors closed in negative territory.

Tuesday was a very volatile trading day. Wall Street regained its
composure, marching higher after companies including Merrill Lynch &
Co. and International Business Machines Corp. beat earnings
expectations. Stocks maintained their momentum on the expectation of
strong earnings reports by Intel Corp., Amgen Inc. and Motorola
Inc., which reported after the close of regular trading. .Intel
reported in-line Q2 results; guides Q3 revs in-line; ups capex
guidance (INTC)  Yahoo! reported in-line, ex items; guides in-line
(YHOO)

Stocks turned higher Wednesday after Federal Reserve Chairman Alan
Greenspan delivered an upbeat assessment of the economy and Wall
Street focused on the solid earnings reported by a growing number of
companies. The Nasdaq composite index and the Standard & Poor's 500
hit new four-year highs ,while the Russell 2000 closed at a new all-
time high.

Another series of attacks in London unnerved Wall Street Thursday,
sending stocks falling as investors looked past strong earnings and
China's decision to revalue its currency.NYSE internals were weak
all day .. down over 2 to 1.   Now China's news that it would float
its currency against a basket of other currencies was seen as
positive possibly giving U.S. exporters more opportunities in China.
The move was also seen as a boon to blue-chip companies, many of
which have benefited from China's economic boom. Bonds fell sharply,
however, on fears that higher import prices could spur inflation.The
United States had pressured China to revalue its currency for some
time, accusing the country of keeping its yuan artificially low in
order to undercut U.S. manufacturers.

On Friday, the Dow managed to close positive at the close. The  Dow
Jones industrial average was  up 23.49 points, or 0.22 percent, at
10,651.26 and the Standard & Poor's 500 Index was up 6.64 points, or
0.54 percent, at 1,233.68. The Nasdaq Composite Index was up 1.14
points, or 0.05 percent, at 2,179.74. For the week, the Dow edged up
0.1 percent, the S&P 500 inched up 0.5 percent and the Nasdaq rose 1
percent.

Trading Tip for Monday Morning: On Friday The ES futures had an
INSIDE DAY candle. Look for a break of either the high or low of
that candle.... and trade in that direction.

-----------------------------------------------

When it comes to manipulative tricks,the true professionals are in
Washington D.C.

One of the most blatant examples of government manipulation is the
consumer price index (CPI). This data is stretched, smoothed and
distorted in every conceivable way possible to dampen any sign of
inflation.

Some may not understand why data manipulation is a big deal. The
simple answer is that by pretending everything is OK now, we are
guaranteed to make everything worse later. The federal government,
in concert with Wall Street, is engaged in a long-standing fiction
to convince us that all is well. Meanwhile, this false assurance
leads us down a path of complacency, as the problem gets worse.

------------------------------------------
Wal-Mart plans to sell cheap Chinese clothes in Japan's Seiyu stores

Cheap textiles 'Made in China' is Wal-Mart's concept for success in
Japan. The company has a large minority share in Seiyu. Currently it
owns 50% of this retail chain. It has plans expand to a 66.7 per
cent ownership stake.

Japanese press reports about plans to renovate between 10 and 15
Seiyu stores, which would then serve as Wal-Mart's entry route to
the Japanese market. These stores would focus on cheap Chinese
textiles, sold for prices up to 40 per cent below those that
competitors charge for similar Japanese made clothing articles.

-----------------------------------------------------------------
Utility stocks

Utility stocks traditionally have been popular with income-oriented
investors. Dow Theory Forecasts newsletter  recently recommended 10
A-minus and B-rated utilities with average yields of 4 percent. To
weed out weak companies, DTF eliminated those with payout ratios
(dividends as a percentage of earnings) of less than 70 percent and
quality scores of at least 50.

The 10: Energy East, Exelon,Keyspan, National Fuel Gas, New Jersey
Res, Northwest Natural Gas, NSTAR, Southern Co., WGL Holdings and
WPS Resources.

I own ... Cohen & Steers Reit and Utility Income Fund Inc (RTU) It
pay 7.3% annually.



----------------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"


  rpcchart : MSFT just BROKE MAY HIGHS on Volume
Bestrades: GIVE ME RANGE OR GIVE ME DEATH  Laughing out loud !

mike_leonardi86 : I know there was unfilled value down there at
122.2 from a few days ago, if the 80% rule guy is around.

alleyb : Still waiting for Warren Buffet Berkshire Hathaway
reporting date?

Thelascone : Where is Christine ? ... at the opening of Del Mar ...?

Market_"INNER_VU"} slept like a baby,,woke up every 10min crying

jctay96 : Hello, which are most buyable penny stocks in the market ?

CajunBoy : they are just setting the stage and practicing for US
cities, In MY very "humble" opinion... unfortunately for
everyone...........!

  prestwickdrive : London's University College Hospital cordoned off
by police - Reuters

sicilian : I'm new, how do you get passwords for the different relay
channels?



Make sure you pass the word around about The Market Vu Show
Checkout the new changes    www.themarketvushow.com

===================================

You may receive emails from TheLascone's MarketNews yahoo group ...
but you no longer receive The NEWSLETTER
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As of Sept. 15th 2004, the LasconeMarket Weekly Newsletter has a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

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?????????????????????????????????

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

A liberal is someone who feels a great debt to his fellow man, which
debt he proposes to pay off with your money. G. Gordon Liddy

WEEK IN REVIEW :


We finished the month of May sharply higher...  The major averages
began the holiday shortened week  on a down note.  Widespread profit-
taking, a jump in the price of oil, and mixed economic data,
overshadowed plummeting bond yields and closed virtually every
sector in negative territory.
On Wednesday ,the Oil market was was still moving up (+ 4.5%). You
wouldn't know it by looking at the open of the NYSE, prices went
straight up. We were hearing that the strength in the equity markets
was due to the fact that now the bond market was no longer pricing
in a rate hike for Sept, and was pricing in reduced expectations for
an Aug rate hike. This was a result of the morning's weaker than
expected ISM Index data and Dallas Fed's Fisher comments that
tightening is near its end.
Thursday's market struggled to find much direction throughout most
of the session, as mixed economic data prompted investors to
consolidate some gains following yesterday's rally that lifted all
the major indices to their best levels since March... A late-day
pullback (-1.8%) in oil prices improved sentiment enough to close 7
out of 10 economic sectors in positive territory...  adv/decl was 2
to 1 upside ... but the Dow only closed up 3 points.

Wall Street finished the week sharply lower Friday after concerns
about the health of the economy. Investors didn't like that job
growth had slowed  to a crawl in May, and new hiring registered the
smallest gain in almost two years.  Steadily climbing oil prices,
which topped $55 per barrel, also helped push the major indexes to
test weekly lows.

Another reason traders exited their positions was that Mr.Greenspan
will speak Sunday night to a China Banking panel, and this may
rattle the markets. Overseas, the European bulls aren't getting
much
inspiration either. Over in continental Europe, it didn't take too
long for another row to break out concerning monetary policy and the
euro.This time, it's a report from Germany that alleges the
government is debating whether to take a potshot at the single
European currency.

Lets see how the markets compared with the STA's stats for this
week ...From the Stock Trader's Almanac: Memorial Day Week
  The  Dow was Up 240 Points in 1999, up 495 in 2000, and up 249 in
2003 . For 2005 we were down 92.52 points ( -.88% )

--------------------------------------

Best Junes Since 1950 - Dow
   Worst Junes Since 1950 - Dow

1955 • 6.2% 1962 • -8.5%
1975 • 5.6% 2002 • -6.9%
1987 • 5.5% 1969 • -6.9%
1988 • 5.4% 1950 • -6.4%
1997 • 4.7% 1965 • -5.4%

-------------------------------------
Google (GOOG) has a P/E ratio of 111.66 .... I remember when the
bubble burst on YHOO . It was at lofty levels like this internet
stock. When the next correction comes in the market indexes, This
stock will drop over 100 points.


*******Chart for subscribers only******



http://bigcharts.marketwatch.com/intchart/frames/frames.asp?
symb=GOOG&time=&freq (AOLusers)

-------------------------------------

Coolest Convertibles 2005    (slideshow)
http://www.forbes.com/2005/05/27/cx_dl_0530featslide.html?
partner=yahoo
---------------------------------------
-------------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"


soletrader : I think intrade should put up a new trading
contract.... Paris Hilton to divorce by 2006
Cherise40:  I asked 3 times where the S&P Squawk box is and not even
get a response. You want me to support one of your subscribers or
subscribe to this ? NOT

kronie : Vu, pound for pound, you have the best grouping of
sponsors, participants and offerings

Fader: The lips of wisdom are sealed except to the ears of
understanding

marketprofiler : I'll take some Wonton Soup and 2 orders from Side A
to go along with that Labor analysis Secretary Chao

MktVUBoT: Make sure you pass the word around about The Market Vu
Show -- tell all of your trading buddies to join us so we can become
the greatest collaborative trading


--------------------------------
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OUT



As of Sept. 15th 2004, the LasconeMarket Weekly Newsletter has a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
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can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

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?????????????????????????????????

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

TheLascone's MarketNews · THE NEWS THAT YOU CAN BENEFIT FROM



The average American household spends 13% of it's income to pay
debts - the highest percentage in 20 years.

==============================
WEEK IN REVIEW:

Wall Street was concerned that a 500K barrel-per-day increase in
OPEC output still would not be enough to offset inadequate refining
capacity and the growing demand for gasoline heading into the summer
driving season... But consolidation of gains in oil heading into the
close,and  the absence of earnings and economic data , provided just
enough of a spark to improve sentiment and help the Dow start off
the week with a positive close.

The price of  Oil has been controling the direction of the stock
market again ....Roughly two hours before the close of trading,
Mr.Greenspan spoke to a petrochemical conference... While he said
that falling energy use is "virtually inevitable" and that the
world's refining capacity remains "worrisome," the absence of any
comments regarding monetary policy or oil's impact on economic
growth, failed to more persuasively push equities or bonds in either
direction... This news dropped the price of Oil and helped the Dow
close up 37 points for the day.

A 3.1% sell off in crude oil futures ($54.11/bbl -$1.74), amid signs
that refiners will increase operating rates (above 93.7%) in order
to boost gasoline stockpiles, mitigated worries about inflation and
potential pressure on corporate profits heading into earnings
season... The day ended with  Blue chips  higher for the fourth
straight day .

After four days of gains for most of the averages , the market
stalled out after a minor early rally attempt. We then had profit
taking the rest of the day.  Volume was below average in recent
sessions and  Friday's pace was even slower.  The weakest sectors on
Friday included: Transportation -2.6%, Steel -2.1%, Healthcare -
1.3%, Natural Gas -1%, Chemical -1%, Oil Service -0.9%, Retail -
0.8%.

  The Dow Jones industrial average fell 84.98, or 0.81 percent, to
10,461.34. Broader stock indicators also lost ground. The Standard &
Poor's 500 index was down 9.94, or 0.83 percent, at 1,181.20, and
the Nasdaq composite index lost 19.44, or 0.96 percent, to 1,999.35.
Despite Friday's losses, all three indexes finished the week higher
for the first time since March 4, buoyed by the largest weekly
decline in oil prices since Decenber. For the week, the Dow rose
0.55 percent, the S&P 500 climbed 0.71 percent and the Nasdaq gained
0.73 percent.
---------------------------------
MUTUAL FUND FLOW :

Apr 06- Equity Fund Inflows $1.2 Bil; Taxable Bond Fund Inflows $60
Mil

--------------------------------------------------
Good looks rewarded with better pay


Research shows it helps in the job market to be tall, slim and
attractive.

The researchers cited one study that found a "plainness penalty" of
9 percent in wages - meaning a person with below-average looks
tended to earn 9 percent less than those with average looks - and
a "beauty premium" of 5 percent.

A study concerning weight showed that women who were obese earned 17
percent lower wages than women of average weight.

Height matters, too, the researchers believe. One study looked at
the height of 16-year-olds and the wages they earned later as
adults. The taller teens went on to earn an average of 2.6 percent
more per additional inch of height. The researchers also cited a
survey showing that the average chief executive is 3 inches taller
than the average man. While a typical American male stands 5-foot-9
the study found that about one-third of CEOs are 6-foot-2.

================================

Pasta Pasta
The low-carb craze has hurt many American food stocks. The
Turnaround Letter  recently recommended seven that have been
significantly affected while they were simultaneously attempting to
alter their operations. The seven: American Italian Pasta, Campbell
Soup, Kraft Foods, Krispy Kreme, Monterey Pasta, Panera Bread, Tasty
Baking."
---------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"

marketprofiler: "weird wally wednesday" tomorrow...wed before opt
exp week...will be volatile and fast and furious tomorrow

TheLascone: Philly stock exchange has been evacuated - smoke on the
trading floor ,,, Cheech and Chong shooting a movie .. ?

MrMustafaCamel : reserves up 5.4 mln barrels .. oil down $1.20
prestwickdrive : ES 80% rule fulilled if it hits 1182.5

Rick_MA : YM and Dow are much closer to filling recent gap and much
weaker than ES, FYI >>>>>>>!

bob : Does Merrill prentend to be buying while having someone else
do the selling?



Market_"INNER_VU: Trading Pits only 1/8 full according to Paul from
xSquawk

Bestrades : excellent profits already on the day .. so will not
loose it back and will keep it close

**************************************************************
If you haven't signed up for a FREE week trial with Steve Rifkin ...
you are really missing something .
I have listened to Steve , and watched him trade for 6 months now.
And you know what ? He might have been wrong about trading the
market only 1 or 2 days. This man knows the E-mini contract better
than anyone I know. Check him out :
http://www.naturesforcetrading.com/contact.php
**************************************************************

You may receive emails from TheLascone's MarketNews yahoo group ...
but you no longer receive The NEWSLETTER
--------------------------------
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As of Sept. 15th 2004, the LasconeMarket Weekly Newsletter has a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

?????????????????????????????????

?????????????????????????????????

?????????????????????????????????

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

Today lets look at Annuities ...

Annuities can be good. But too often they're tools of greed that
fatten the seller's wallet at the expense of trusting people like my
grandmother, says Jeff Opdyke.


His grandmother called him to her house recently to dig through her
insurance and financial documents. She has named him executor of her
modest estate, and she wants me to 1) know exactly what she has;
and, 2) know what she wants to happen when the time comes. Going
through her records, however, he noticed something that set off
alarm bells: What was once a $20,000 certificate of deposit at a
local bank is now a $20,000 deferred annuity that the local banker
sold her.

He immediately recognized it for what it was: a disaster. As a
personal-finance writer, "I've seen too many older people enticed
into buying these investments, typically without understanding what
they're getting talked into."

"I probably can't do anything to help my grandmother; she bought her
annuity a year ago and the grace period to cancel the contract ended
10 days later. She signed all the appropriate documents stating she
understood the transaction, though as she told me recently, "I don't
know a damn thing about this stuff; the guy at the bank just told me
to sign these papers."

So I write this in hopes that when an annuity salesman approaches
you, your parents or your grandparents with a compelling pitch --
and their pitches are always compelling, if not entirely honest --
you will remember my grandmother's story.

I am not against annuities. In fact, in the right situation, an
annuity can accomplish a host of beneficial things: It can be a
great vehicle for accumulating wealth before you retire. After you
retire, some annuities can be the perfect tool for creating a stream
of income you can never outlive. And in some circumstances it can
help with estate-planning needs.

But too many annuities are sold for the wrong reasons. And those
reasons typically have to do with the commission the salesman is
pocketing rather than the financial needs of the investor.

Just to be clear, I'm complaining largely about variable annuities
and deferred annuities, both of which allow money to grow tax-
deferred. Basically, you invest your money, say, $20,000, with an
insurance company that guarantees some level of income in the
future, either through a lump-sum or a monthly payout that lasts for
years or until you die.

But to me, buying such an annuity in retirement generally makes
little sense, especially for those who are much older, like my
grandmother. That's because these are simply not short-term savings
vehicles. Not to be morbid, but older savers generally don't have
the number of years remaining that might make an annuity practical.
Often, they'll never even benefit from it.

Annuities have two phases: accumulation, which can last for years,
and then the distribution. At her age, my grandmother has no need to
accumulate; her only worry is living off of what she has. Thus, it's
absurd for an older retiree to invest the bulk of her liquid assets
in an instrument that locks away money for years, which most
annuities do because of the so-called surrender period. That
essentially blocks you from touching your money for seven to 15
years or more -- and if you do, you lose a hefty chunk in the form
of a surrender penalty.

Here's where this diverges away from the purely financial and into
the personal: Buying investments late in retirement often creates
tensions in a family. Retirees either panic immediately after
signing up for an investment they're unsure of, or they find out too
late that they've been duped. Often, they're too embarrassed to
admit they didn't know what they were doing, or too proud to
approach their kids for advice. But when they finally do announce
the problem, family members get livid that Mom or Dad or a
grandparent invested foolishly without seeking anyone's counsel.

When I asked my grandmother why she just didn't call me for advice,
she replied: "Well, you were still living in New Jersey." I reminded
her that they do have phones there, and she just looked at me
sheepishly.

Of course, I can't blame my grandmother for not understanding what
she bought. These are complex insurance contracts larded with bells
and whistles that make them enticing and expensive, and often
misunderstood by the very people selling them.

This is where families come in.

* * *
My grandmother is 84 years old and, as she says herself, doesn't
know an annuity from a Portobello mushroom. She's very trusting of
people like bankers. Yet her $20,000 CD represented two-thirds of
her liquid assets, reason enough for any conscientious investment
peddler to steer her away from a contract that imposes an eight-year
surrender penalty that will suck away as much as 8% of her account
if she needs her money early.

What's worse is that the salesman was, at best, clueless about what
he sold. My grandmother invested for one reason only: to keep her
spendthrift daughter from accessing all the $20,000 upon my
grandmother's death.

"The banker assured me she wouldn't get all the money at once," my
grandmother told me when I questioned her.

Imagine her surprise when I read this line, from the very first
paragraph of the contract summary: "Upon the annuitant's death, the
cash balance will be paid out in full to the beneficiary." To put
that even more plainly, the beneficiary, my mom, gets a lump-sum
payout when my grandmother passes away. Thus, the annuity does
nothing to accomplish my grandmother's wants.

Moreover, the fat interest rate my grandmother thought was so
impressive -- 5.25% -- lasts for just one year. Then, as the
contract notes, it falls to the minimum 2% for the duration. To put
that into perspective, I just stashed the $900 my son has in his
savings in a one-year CD that pays 3.15%.

Unfortunately, I may have discovered my grandmother's purchase much
too late to fight for her -- though I'm currently trying.

But others out there can still fight for their parents and
grandparents. Talk to them now; implore them to speak to you before
investing in an annuity. If they tell you they recently bought one,
rush over to examine the contract, and if it looks onerous have it
annulled. You generally have 10 days to cancel.

If you don't understand how the annuity works, talk to a trusted
lawyer about the contract's provisions before signing anything.

Annuities can be good. But too often they're tools of greed that
fatten the seller's wallet at the expense of trusting people like my
grandmother, who never needed the investment in the first place.

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------------------------------

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Good Luck Markettraders

" Every man has a right to be wrong in his opinions. But no man has
a right to be wrong about his facts."   Bernard Baruch (1870-1965)

-----------------------------------------------------------------
WEEK IN REVIEW: Options Expiration

Monday's market action was very timid two sided scalps. The indexes
showed little enthusiasm as split industry leadership, mixed breadth
figures, very light trading volumes and a lack of market moving news
left the indices relatively unchanged all day and closed the major
averages in split fashion... The Markets seem to be waiting for Alan
Greenspan to begin his triumphant year long  farewell tour of
Capitol Hill with his back-to-back testimony on the state of the
economy Wednesday and Thursday .

  Tuesday had a good start, but then Program trading and uneasiness
ahead of Fed Chairman Greenspan's semi-annual testimony on monetary
policy  erased much of the day's gains around 1:30 ET. Stocks showed
modest gains Wednesday after Federal Reserve Chairman Alan Greenspan
told a congressional committee the economy is strong, and that while
inflation is not an immediate threat, it remains something policy-
makers must guard against. The Bad news was , with a strong
economy , comes the likelihood of more interest rate hikes. After
Mr. Greenspan was done speaking Thursday, the markets tumbled. The
Dow lost 80 points while the Nasdaq lost 26 points.

On Friday, the U.S. dollar got a small lift from the inflation data,
shoring up modestly against the euro, the Japanese yen and the
British pound, while gold prices slipped. The yield on the 10-year
Treasury bond rose to 4.27 percent as inflation fears caused a
selloff in long-term bonds. The Dow Jones industrials and large-cap
stocks saw a boost in late trading as federal regulators approved
the continued marketing of painkillers from Dow components Merck &
Co. and Pfizer Inc. The Dow rose 30.96, or 0.29 percent, to
10,785.22. The Dow is once again up for the year to date by just
2.21, or 0.02 percent. Broader stock indicators were narrowly mixed.
The S&P was up 0.84, or 0.07 percent, at 1,201.59, while the tech-
focused Nasdaq composite index lost 2.72, or 0.13 percent, at
2,058.62. For the week, the Dow fell 0.1 percent, the S&P 500 was
down 0.34 percent, and the Nasdaq dropped 0.87 percent.

Currently , Investors Business Daily rates the Dow ( C+)  and rates
the Nasdaq ( D)  in its  Accumulation / Distribution ratings. IBD
has always felt that unless this rating was a (B ) or better ...
your money could be put to better use in other areas of investment.
-------------------------------------------
  ( PICTURE OF GREENSPAN )

Federal Reserve Chariman Alan Greenspan gestures during a Senate
Banking Committee hearing on Wednesday, Feb. 16, 2005 in Washington.
He urged a go-slow approach on personal Social Security accounts,
saying that while he embraces the idea central to President Bush's
proposed overhaul, he is concerned about stability in financial
markets.

------------------------------------------------------------------
MUTUAL FUND FLOW : Feb 16- Equity Fund Inflows $2.7 Bil; Taxable
Bond Fund Inflows $795 Mil
------------------------------------------------------------------
Website of the week:
  www.earningswhispers.com is both a free and subscription site
providing information on corporate earnings. It lists companies
announcing earnings that day and those with projected earnings. It
also publishes rumored earnings and analyst's estimates as well as
current buy/sell recommendations and price targets from various Wall
Street experts.
------------------------------------------------------------------
Since 9/11, most market experts have focused on government spending
when analyzing security stocks, notes Personal Finance
newsletter. "But the real cash has always been made in the private
sector. And half of all U.S. corporations have experienced 50
percent to 100 percent growth in their security and risk-management
budgets in the past 10 years." PF recently recommended eight stocks
it considers particularly well-positioned to benefit: ABM
Industries, Armor Holdings, Iron Mountain, Network Associates, OSI
Systems, Symantec, Verint Systems, Viisage Technology.
----------------------------------------
T-Bonds
Despite the fact that Treasury-bond interest is not exempt from
federal taxes, Treasury bonds have some tax advantages over
municipal bonds, which are exempt, says Forbes. Interest paid on
Treasurys is exempt from state taxes, which boosts returns in high-
tax areas like New York City and California. And whereas some
municipal bonds cause Alternative Minimum Tax trouble, Treasurys
actually help avoid it, because state taxes are a major source of
AMT problems.
-------------------------------------------------------
LAST WEEK WE TOLD YOU TO LOOK FOR WISCONSIN QUARTERS ... Keep looking

This quarter was found in a roll of uncirculated mint coins
purchased from a bank in Tucson, Arizona where these rarities have
been cropping up. Roll was handled carefully and when this unique
coin was located, it was immediately placed in a protective holder.
I have taken the picture at an angle so that the "extra" leaf is
highlighted.
http://cgi.ebay.com/ws/eBayISAPI.dll?
ViewItem&category=524&item=3957553738&rd=1  Winning EBAY bid:  US
$300.00

  --------------------------------------------------------------
The weekly chart of the Dollar Index (below) shows that ultimately
Primary wave 2 (circle) should retrace at least 1/3 of wave 1
(circle), which targets an initial level of 94.00.


    (  CHART of the DOLLAR )

--------------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"

Axehawk: and I only thought they had a camera on me!

budd_foxx : I am really trying to stay out of stupid trades this
year


Swing_Trade_Mentor : lascone, dump some of the Wynn wealth into FLSH


Qdaytrader : I want tony to manage sound for my next stadium concert
performance when I sing and play guitar


Bestrades : I trade the heck out of this stuff :-0  you should be -
spanked ! lol

TheLascone :  we are holding up nicely ... but it worries me that
mcclellan is still below the 0 line

bandtrader :  Throw every penny you have, including your aunt's life
insurance policy and buy March puts in either the NDX, SPX or SMH.
Target Nasdaq 1490 area or lower than the Jan lows by March 11th.

DAILY SHOW PROGRAMMING & SCHEDULE
http://www.themarketvushow.com/ivtech/pub/article_7.asp   If YOU are
not making money ... WE can show you many different ways.
------------------------------------------------------------

--------------------------------
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THIS IS NOT THE NEWSLETTER ...  YOUR SUBSCRIPTION HAS RUN OUT



As of Sept. 15th the LasconeMarket Weekly Newsletter has a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

?????????????????????????????????

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?????????????????????????????????


------------------------------

The above is a compilation of some of the best minds we have to
offer.


If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

TheLascone's MarketNews has been approached by a group interested in
purchasing the NEWSLETTER and installing me as editor. If you are
interested in a subscription before the price goes up see details at
the end of the newsletter.



The happiest of people don't necessarily have the best of
everything; they just make the most of everything that comes along
their way.


===============================

Week In Review :

With anticapation of a Happy New Year , traders saw the opposite
when the week started on a down note. Tuesday's market action sank
the Nasdaq 2.1%. Volume swelled, yielding yet another distribution
day. Big declines on heavy turnover Jan 3rd and Dec. 7th make
Tuesday's action the third day of unequivocal distribution.Smaller
drops on Dec.16th and 17th bring the count to 4 distribution days in
the last four weeks , raising a red flag. Be prepared to cut your
losses quickly. It may be a good time to raise cash , or be on the
sidelines waiting for lower prices.

Stocks began with an upbeat bias on Thursday, but closed in split
fashion ,as buyers found few upside catalysts on a day of choppy
trading to keep all the major indices in positive territory... Blue
chips showed resilience and closed a bit higher, with the Dow and
S&P eking out modest gains, but renewed selling into the close, for
the fourth straight session, closed the Nasdaq in negative
territory... Fed Governor Hoenig's noted that the economy can hold
up just fine with oil in the $40-50 range and  that inflation is
unlikely to become an issue in 2005. The week ended with no
conviction on either the bullish or bearish side of the aisle, as
the market showed weakness going into the close.

The Dow Jones industrial average rose 0.14, or 0.05 percent, to
10,623.02. Broader stock indicators saw modest gains. The Standard &
Poor's 500 index was up 0.66, or 0.1 percent, at 1,188.55, and the
Nasdaq composite index climbed 6.10, or 0.3 percent, to 2,096.10.
Weekly totals were not pretty : Dow lost 170 points  Nasdaq lost 87
points .

The week's downward trend doesn't bode well for those who believe in
the "January indicator," a maxim that claims the market's direction
for the year can be divined by its performance over the first five
days of January. Since 1950, the market has risen over the first
five days of January 34 times, with 29 of those years resulting in
full-year gains. However, of the 20 years when the first five days
of January resulted in losses, the full-year results followed only
10 of those years.
=================================
Point Gainers List :

Issues posting the largest gains  on a point basis include: SCSC
+5.66, GOOG +5.24, PD +5.17, SRCL +4.50, TALX +3.60, ANTP +3.37, TDS
+3.36, BTH +3.22, OSTK +2.00, STZ +2.00, ANGO +1.84, BRCM +1.81, AYI
+1.80, CLF +1.72, EBAY +1.68, SHPGY +1.55, BBH +1.45, BG +1.45, UCL
+1.45, DRI +1.40, MRVL +1.39.


Point Losers List  :

The weakest issues on a point basis include: TASR -5.10, MCRI -4.73,
SHR -4.37, FMD -4.21, UTSI -3.72, CME -3.50, HAR -3.43, BFAM -3.31,
COGT -2.48, BUCY -2.40, KOSP -2.35, MGG -2.15, LVS -1.95, WYNN -
1.88, CMI -1.79, DRIV -1.75, SSYS -1.74, ELBO -1.58, LSCP -1.55,
POT -1.56, GME -2.53, RIMM -1.53, AEOS -1.51.
=================================
MUTUAL FUND FLOW :

Jan 05- Equity Fund Outflows -$1.1 Bil; Taxable Bond Fund Inflows
$1.1 Bil

--------------------------------------------------------------
Other Economies :


The Chinese economy is growing three times as fast as the U.S. - and
infinitely better. Chinese growth comes from making things, not
buying them. And while Americans save nothing, the Chinese are
reported to save 40% of what they earn. Indians, too, are bustling
more than ever - with a growth rate over 8%.

  In Europe, the new currency has become a smash hit. It is estimated
that between half and 75% of all American dollars are held outside
the United States. Dollars were a good way to hold wealth when you
couldn't trust roubles and cruzados. Not only drug dealers, but
average bakers and candlestick makers found it convenient to stuff
dollars into their mattresses - just in case. But now the euro
offers an alternative. Not only can you get more purchasing power
out of fewer pieces of paper ... the paper also holds its value
better.

Over the last three years, the dollar has lost 30% of its value
against the euro. It could easily lose another 10% or 20%. And yet,
no one seems especially concerned. There must be $100 trillion worth
of dollar-denominated "wealth" in the world. Even a 10% markdown
would be the biggest financial shock the world has ever suffered. No
one seems to care.
---------------------------------------
ASTRO TALK :

An ominous alignment of the planets leads Arch Crawford, publisher
of the financial newsletter Crawford Perspectives, to predict the
U.S. stock market will crash before March 23. "It could be any time
between now and then." At the moment, Mars is opposing Uranus, which
is bad news, Mr. Crawford says. But it's a phenomenon that happens
every couple of years and the market does not crash every time, he
points out.

Mr. Crawford adds that the intensity of upcoming planetary movements
may also prove to be turning points for coffee, orange juice,
cattle, lumber and the like -- although whether the price swings up
or down will depend on the commodity.

-----------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"


william_B : for the last few days ...everytime we get a gap down or
real strong move to the downside...we reverse and go to the highs of
the trading range for the day.

Market_"INNER_VU"} The following stocks are already showing volume
above average total daily volume in the just the first three hours
of trading: MIKR (13.70 +0.68, +5.2%, 13.7x avg daily vol), MDKI
(10.20 +0.95, +10.3%, 7.8x), MANC (11.24 +1.25, +12.5%, 6.8x), WGAT
(5.39 +0.40, +8%, 3.1x), SYNM (8.43 +0.40, +5%, 2.9x)....Note, all
but WGAT made new 52-week highs today.
bandtrader : gonna enjoy an Armenian beer, some cpenhagen and watch
the down move UNTIL 4:15 est

Swing_Trade_Mentor : boy they really sent the bulls out to pasture
the last two days Vu

SPMentor : S&P E-mini update from SPMentor.......................Key
level for downside hit exact=1197.75 holding for now! We need to
break above 1201.25 to confirm some strength. Bias is still Bearish
until then, with Sells off of last highs 1201.00 and 1200.50, Profit
taking into support of 197.75--1198.00



Come visit the daily trading room  http://www.themarketvushow.com/
If YOU are not making money ... WE can show you how.
----------------------------
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????????????????????????????????

????????????????????????????????

THIS IS NOT THE COMPLETE NEWSLETTER ...  YOUR SUBSCRIPTION HAS RUN
OUT



As of Sept. 15th the LasconeMarket Weekly Newsletter has a charge of
$30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

?????????????????????????????????

?????????????????????????????????

?????????????????????????????????
----------------------------
The above is a compilation of some of the best minds we have to
offer.

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

Many Americans have taken a liking to real estate. They have bought
homes in record numbers as easy credit and low interest rates have
enabled many to buy rather than rent a home. And just like stock
prices during the 1990s, the value of homes keeps rising, as does
the debt incurred to buy them. According to Federal Reserve data,
American homes now are worth some $13.6 trillion, which is 92% more
than a decade ago, while mortgage debt more than doubled to $6
trillion. With all that money rushing into real estate, does it blow
bubbles, as it did in the stock market, does it reflect chronic
inflation and dollar depreciation, or does it manifest rising
incomes and growing ownership aspiration?

Searching for an answer to these questions, we must raise and answer
yet another question that enfolds the former: Is the capital market
that guides and drives economic activity allowed to function freely,
or is it controlled and manipulated by government regulators? In
other words, is an unhampered market rate of interest allowed to
direct the employment of capital and labor and thereby shape present
conditions, or is the rate commanded and managed by mighty
controllers? The answer is obvious: It is set by the governors of
the Federal Reserve System who thereby modify all interest rates and
manipulate the capital markets. In recent years, they chose to keep
interest rates far below market rates, and thus guide economic
activity along lines that differed greatly from those an unhampered
market would have directed. They caused massive increases in money
and credit and brought about what economists call "maladjustments"
which are the very mainspring of economic recessions and depressions.

Maladjustments in real estate differ visibly from the afflictions of
stock and bond markets, which are national or even international in
range and scope. Landed property is an inherently local asset that
is affected by a great number of local demand and supply factors.
The housing market in San Jose, California, has little resemblance
to that in Grove City, Pennsylvania, although both are affected by
the same Federal Reserve monetary policy. Some places may suffer
stagnation or price declines while others experience feverish booms.
There may be bubbles in some parts of the country while stagnation
and recession hold others in their grip. Yet all prices undoubtedly
are much higher than they would be in absence of chronic inflation
and dollar depreciation.

The Office of Federal Housing Enterprise Oversight informs us that
average housing prices rose 38.3 percent from 1997 to 2002. This
knowledge may be of interest to economic historians, but of little
use to real estate investors. They are intrigued and lured by local
conditions and the possibility of earning high returns through debt
financing when prices soar. A home buyer may put down ten percent of
the purchase price and borrow the rest; a price rise of ten percent
would double his investment. An annual price increase of just five
percent would yield a return of 50 percent on his investment, year
after year. While the mortgage loan continually depreciates in
purchasing power, the owner's equity rises in step with the rising
price of his house. In fact, in less than ten years, a ten percent
annual bubble rate will shift one-half of the value of his house to
him, without having made a single loan payment. Surely, he will have
to maintain the property and pay an interest on the mortgage loan,
which may be less than the rent he would have to pay if he were to
rent the house.

This leverage of debt financing also works in reverse. When the
bubble bursts and housing prices readjust, many new owners would
soon lose their entire investment. A ten percent fall in prices
wipes out a ten percent owner equity; a thirty or forty percent
decline, which is rather common in a bubble crash, not only stamps
out his investment, but also may inflict additional losses - unless
he walks away from his house, and thereby shifts the losses to the
financial institution that granted the loan. When the decline is
severe and many owners choose to unload their losses on creditors,
the crash may jeopardize the solvency of financial institutions that
financed the bubble.

Despite such occasional reversals, our age of inflation has made
ownership of a home the most effective way to increase personal
wealth. While inflation tends to raise interest rates by adding the
anticipated depreciation rate to the basic time-preference rate, it
also lowers the debtor's risk premium, which may offset the higher
depreciation rate. The owner's equity increases in step with the
rising price of the house, which simultaneously reduces the risk to
the lender. Before the age of inflation, a homebuyer needed a down
payment of 30 to 50 percent of the purchase price; the age of
inflation gradually reduced this rate to 20 or 10 percent, but
sometimes 3 percent or less. The lender's price risk is minimal; the
buyer may just sit back and let the bubble increase his equity.

Politicians and government officials look with favor on home
ownership, as they themselves do benefit from such favors.
Homebuyers enjoy big tax breaks. They can deduct property taxes and
the interest on their mortgages from their taxable income. And when
they sell their homes they may exclude up to $250,000 in capital
gains from taxable income; married couples may deduct $500,000. And
they can do this again and again, as long as they live in the home
for two of five years before selling.

The prices of manors and mansions have soared above all other
housing prices. When the stock market began to retreat and
disappoint in 2001, many underperforming funds sought refuge in real
estate, and thus caused housing prices to take off. The nouveaux
riches of the stock market now sought safe harbors in real estate,
and those speculators who could not afford such luxury could at
least borrow against the equity in their houses and raise their
standards of consumption to manor levels. A "refinancing" mania
gripped the real estate market and lifted the level of mortgage
debt. To take advantage of the current low rates, many debtors
chose "variable-rate" mortgages that are readjusted frequently. If
interest rates should ever return to market levels and cause real
estate prices to decline, many such refinanced houses would not be
worth the debt standing against them. In the meantime, most
homeowners rejoice about their rising equity, which they calculate
in nominal prices. If they would compute prices in inflation-
adjusted dollars, their profits would be much lower or even turn to
losses. In some parts of the country, nominal prices continue to
rise moderately, while inflation-adjusted prices actually stagnate
or even decline

National statistics tend to understate the risk of loss for many
homeowners. They obscure the extreme price swings in individual
towns and cities, and blur the particular forces that may reduce or
compound the maladjustment. During the 1980s, for example, several
West Coast cities enjoyed feverish high-tech and defense-spending
booms. Real estate prices soared. A few years later, when high-tech
production spread to China, India, and many other places, stagnation
settled over many places and prices fell noticeably.

This was from an article written by Hans Sennholz  called " THE AGE
OF INFLATION "

Change is the law of life . And those who look only to the past or
present are certain to miss the future.

==================================
Early in the holiday shortened week oil dominated the market again.
Aside from some short-lived rallies, the major indices spent most of
the session underwater - pressured by a surge in the price of crude
oil, another record low for the dollar.  There was a full batch of
economic data Wednesday, but it had little impact on the overall
action that saw light participation from the professional traders.
In observance of the Thanksgiving holiday, both the stock and bond
markets were closed ... On Friday, both Bond and Stock markets were
only open for a half-day of trading.The dollar continued its slide
to new lows against the euro and yen early on, following speculation
that the Chinese central bank had cut its holdings of U.S.
Treasuries... The greenback rebounded slightly, however, after a
Chinese central banker called the report "distorted"... Nonetheless,
the speculation applied pressure to the Treasury market during the
session, as the 10-yr note dropped 11 ticks, bringing its yield up
to 4.23%...

The trading day ended at 1 p.m. EST as part of the Thanksgiving
holiday weekend. The Dow Jones industrial average rose 1.92, or 0.02
percent, to 10,522.23. Broader stock indicators were narrowly mixed.
The Standard & Poor's 500 index was up 0.89, or 0.08 percent, at
1,182.65, while the Nasdaq composite index lost 0.57, or 0.03
percent, to 2,101.97.  For the week, the Dow rose 0.62 percent, the
S&P 500 gained 1.05 percent, and the Nasdaq was up 1.51 percent.
Advancing issues outnumbered decliners by nearly 2 to 1 on the New
York Stock Exchange, where volume came to 504.55 million shares,
compared with 612.18 million at 1 p.m. on Wednesday.
=======================================
Conference/Events Calendar for week of Nov 29th-Dec 3rd: :

  Monday, Nov 29th: STM at CSFB Annual Technology Conference...

Tuesday, Nov 30th: BIIB Analyst Day; OPWV, MOND shareholder's
meetings; PFE Investor Meeting; DELL, CSCO, NSM, MSFT, TER, MRVL,
INTU, BRCM, RHAT at Credit Suisse - Technology Conference; Friedman
Billings Ramsey 11th Annual Investor Conference; Jupitermedia
Corporation Wi-Fi Planet 2004 Conference; MANH at Defense Logistics
2004; MDC, BZH, HOV, MTH, SPF, LEN at New York Society of Security
Analysts 8th Annual Homebuilbuilding Industry Conference; Merrill
Lynch Health Services Investor Conference...

  Wednesday, Dec 1st: EK Health Imaging to Host RSNA Trade Show; GM
and F - Nov U.S. Sales Results; Fed's Beige Book release; JBL at
CSFB Technology Conference...

Thursday, Dec 2nd: Alcatel Analyst's Day; INTC Q4 Mid Quarter
Business Update; US Fed's Bernanke will speak on Monetary Policy...

Friday, Dec 3rd: TXN at CSFB Technology Conference; US Fed:
Santomero speaks on Outsourcing, Exchange Rates, Trade; Mcteer
speaks on outsourcing; American Society of Hematology- 46th Annual
Meeting and Expo.
----------------------------------------
BUBBLE BUBBLE, some are in trouble :
Housing Markets: From Overvalued to Undervalued

MOST OVERVALUED     /    PERCENT OVERVALUED

1. Orange County , Ca.             + 59%
2. San Diego  , Ca.                   + 57%
3. Atlantic City , NJ                  + 56%
4. Santa Barbara , Ca.              + 53%
5. Sacramento , Ca.                 + 50%

MOST UNDERVALUED    /      PERCENT  UNDERVALUED

1. Montgomery , Ala.                - 17%
2. Fort Worth , TX                     - 15%
3. Memphis , TN.                      -12%
4. Tulsa, Okla.                          -11%
  Houston, TX                            - 11%
5. Fargo , ND                           - 10%

Looks like my house is way overvalued ... looks like my friends in
Tulsa should be picking up real estate while the prices are so
low ......
----------------------------------------
Comparison Chart Oil/Dow



  **** for subscribers only ****



----------------------------------------
--------------------------------
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THIS IS NOT THE NEWSLETTER ...  YOUR SUBSCRIPTION HAS RUN OUT



As of Sept. 15th the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

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?????????????????????????????????

?????????????????????????????????



If you trade or invest this newsletter is a Tax write off
==============================
I Hope all of you are enjoying your holiday time off ..... except
maybe you Bunny (she works all the time ) lol
... GOOD LUCK MARKETTRADERS

The Dow Jones industrial average rose 22.93, or 0.23 percent, to
10,027.47 its fourth straight gain and the Dow's first four-day gain
since mid-August. Broader stock indicators were narrowly mixed. The
Standard & Poor's 500 index was up 2.76, or 0.24 percent, at
1,130.20, and the Nasdaq composite index lost 0.75, or 0.04 percent,
to 1,974.99.
A sharp drop in oil prices this week helped stocks regain much of
the ground lost earlier in the month, with the Dow posting back-to-
back triple-digit gains on Tuesday and Wednesday, the first time
since May 2003 that the blue chips accomplished such a feat. For the
week, the Dow rose 2.76 percent, the Nasdaq climbed 3.13 percent and
the S&P 500 added 3.14 percent.

Stocks finished the month surprisingly strong. As crude oil futures
rose throughout October, stocks fell precipitously, setting new year-
to-date lows on the Dow. Only this week's gains salvaged the month's
trading for the month, the S&P 500 added 1.4 percent and the Nasdaq
surged 4.12 percent, while the Dow lost 0.52 percent.



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THIS IS NOT THE COMPLETE  NEWSLETTER ...  YOUR SUBSCRIPTION HAS RUN
OUT

===========================

Weekly Gainers List :

  Stock over $5 posting the largest percentage gains over the last
five sessions include: DAL +70%, ARDI +57%, ARBA +51%, INCX +49%,
WMC +38%, DNT +38%, LSCP +36%, CVTX +35%, DNDN +33%, ISRG +32%, MSTR
+32%, DRRA +29%, ASEI +27%, HH +26%, SINA +25%, ISG +24%, WMAR +23%,
PSSI +23%, AGEN +22%, TKLC +22%, PTEC +22%, ORCH +22%, GSIC +22%,
CAH +22%, EEFT +22%

Weekly Losers List :

Stock over $5 posting the largest percentage loss over the last five
sessions include: EXM -32%, ONXX -32%, PLB -27%, WRLS -27%, IMOS -
25%, NILE -24%, WIRE -23%, ANIK -22%, ZRAN -22%, JRJC -22%, ASKJ -
21%, BW -21%, MDCC -19%, CYBE -18%, GTI -18%, SKX -18%, OATS -17%,
IPAS -17%.
--------------------------------------------------

Crude oil began futures trading on the NYMEX in 1983 and is the most
heavily traded commodity.


     ****************************  CHART for subscrtibers only
****************************





Below is a Daily chart of the NYMEX  (Front Month)


Trading unit: Crude Oil Futures trade in units of 1,000 U.S. barrels
(42,000 gallons). Options: One NYMEX Division light, sweet crude oil
futures contract.

----------------------------------------------------------

HAPPY HALLOWEEN SPENDING
Consumers spend an estimated $43.57 on Halloween merchandise. Here
is the breakdown :
Costumes - $15.21
Candy - $1483
Decorations - $10.95
Greeting cards - $2.58
-----------------------------------------------------

READ the Martha Stewart Indictment ....
http://www.corporatecrimereporter.com/steawart_bacano_indictment.pdf
-----------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"



TheLascone : As part of their ever-expanding online presence, Google
has acquired <http://www.msnbc.msn.com/id/6344220/> online map
provider Keyhole Corp. <http://www.keyhole.com/>. Keyhole's
technology allows users to perform virtual flyovers of satellite
imagery of the earth's surface.


river : Rambler I did not see your post. No is the answer to your
question. Your'e rather presumptous aren't you?

Sam : how can I watch the live show ?

Swing_Trade_Mentor : Stocks are just very quick to turn on a dime
right now.

WUWEI :  can you imagine when the cream de la creme is breaking the
rules, what others are doing?
x-wave: I keep hearing that if the sox keep winning its good for
Kerry..?


KLASSIK56:  MACD ripe to cross over with the S&P, conFIRMING the
bullish stance...that coupled with the heavy volume says you SHOULD
HAVE BOUGHT gang!!!It's genuine and bonified gang.



Come visit the daily trading room  http://www.themarketvushow.com/
If YOU are not making money ... WE can show you how.
-----------------------------------------------------------------

Donate Car Before Jan. 1

If you're thinking of giving away a car to charity, you might want
to act before the end of this year. That's because new tax
legislation, taking effect Jan. 1, includes tougher rules on how to
value donations. One of  our readers says this is a great program to
donate to : http://www.kidney.org/funds/kidneycars/index.cfm  thx
cade

------------------------------
I want to congratulate all the Boston Red Sox Fans



If you trade or invest this newsletter is a Tax write off
==============================


????????????????????????????????

????????????????????????????????

????????????????????????????????

THIS IS NOT THE NEWSLETTER ...  YOUR SUBSCRIPTION HAS RUN OUT



As of Sept. 15th the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

?????????????????????????????????

?????????????????????????????????

?????????????????????????????????

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

but  never learn about MONEY. They learn to work for Money .... but
they never learn how to have Money work for them.


It isn't just a coincidence that I spend my mornings as a Trader.I
have always been fascinated with the stock market.  When some read
the morning newspaper, the first thing they look at is the Sports
Section. Some read the Obituary page first.  But from the time I was
first introduced to the paper,I looked at the stock tables first
thing in the morning. I was in Junior High and somebody had
purchased a few shares for me. Even then, I couldn't wait to see
what had happened to the price. Back in those days I thought the
newspaper was the only way to get that information   lol

---------------------------------------------------------------------
--

This is the first week of our subscription newsletter . There have
been a few improvements ... and a few more are in the works !  In
the new newsletter we will have less URL's and more images. There
will be more Charts and Graphs printed right on the page. I think
this will make the Lascone's Market Newsletter more visually
appealing and even easier to understand some of the trading
principles.

Below is a chart of a stock we have had investor's buy on the dips.
This chart compares how an investment in  WYNN for a year would
compare to the price of the Dow .




      ( subscribers only )



---------------------------------------------------------------------
---
THIS WAS THE 6th STRAIGHT POSITIVE WEEK FOR THE S & P 500

On Friday, the market was subject to wide swings in response to the
quadruple witching options expiration. The growth-oriented stocks -
like retail, airline, and brokerage - were some of the weakest
areas. Advancing issues barely outnumbered decliners on the New York
Stock Exchange, where volume came to 1.43 billion shares, compared
with 1.11 billion on Thursday. In addition to the Jewish Holiday,
some investors likely kept to the sidelines in advance of Tuesday's
Federal Reserve meeting, where the Fed was expected to raise the
nation's benchmark interest rate by a quarter percentage point.
Interest rates currently stand at 1.5 percent.

The Dow Jones industrial average rose 39.97, or 0.4 percent, to
10,284.46. Broader stock indicators were modestly higher. The
Standard & Poor's 500 index was up 5.05, or 0.4 percent, at
1,128.55, and the Nasdaq composite index gained 6.01, or 0.3
percent, to 1,910.09. For the week, the Dow fell 0.3 percent,
reversing five weeks of gains, while the S&P 500 was up 0.4 percent
and the Nasdaq rose 0.8 percent. It was the sixth straight positive
week for the S&P 500 and the second week of gains for the Nasdaq.
We're starting to see a lot of oversold indicators after the recent
runup we've had. That should make the Fed's statement, released
after its meeting, even more important to Wall Street than usual.
Without a clear indication of the economy's direction, the market
rally of the past six weeks could be in jeopardy.

Oil climbed higher during the day as damage from Hurricane Ivan was
assessed and Yukos - Russia's largest oil exporter - revealed it was
close to bankruptcy.

10-Year Yields are undergoing a key test of the lower end of their
September range, 4.08%-4.32%. The major uptrend for 10-Year Yields
currently intersects 4.05%. This is a pivotal level for our long-
term outlook. A move through 4.32% must be seen to suggest reversal
of the four-month downtrend.

The U.S. Dollar is congesting in price above support at the mid-
August lows at 87.75. Short-term momentum measures have turned up
suggesting additional strength toward near-term resistance at 90 &
90.77. Our long-term outlook calls for further basing, potentially
within the 84.77-92.50 zone.
---------------------------------------------------------------------
---
Weekly Gainers List :

Stocks over $5 posting the largest percentage gain over the last
five sessions include: ESMC +39%, IDSA +38%, AMZ +36%, CYBX +33%,
SMIT +32%, CYD +28%, DNET +26%, TZOO +25%, TACT +25%, ASKJ +23%,
TASR +23%, STXS +22%, HRT +21%, CAMD +21%, ALO +20%, MDG +14%, TIVO
+18%, ARBA +17%, TBUS +16%

Weekly Losers List :

Stocks over $5 posting the largest percentage loss over the last
five sessions include: TRID -25%, ACEL -24%, NARA -21%, TTEK -20%,
FLML -18%, HANS -16%, GVHR -14%, CPRT -13%, CWCO -13%, LEIX -12%,
ELY -12%, CECO -12%, PLXS -12%, JBSS -11%, TIM -11%, ZEUS -10%
---------------------------------------------------------------------
---
The average daily volume for the month of September has been 1.19
billion shares at the
NYSE, and NASDAQ's been running closer to 1.45 billion per day.
June's volume looked euphoric when the NYSE turned 1.3 billion
  shares per day on average, while NASDAQ was running around 1.58
billion.
---------------------------------------------------------------------
---

One of our subscribers wanted to alert us about the next  penny
stock phone scam: Becareful out there

Guess who called us today...Rebecca (we don't know a Rebecca) and
she left a message about the guy that had been giving them all the
good stock tips just gave them another (past picks were TNCD and
TWRM, but i am not sure about these symbols since the message was
kind of garbled) but the new pick was very easy to understand
(hmmmm...) it is TRAE.     thx Don

If you already have fallen victim to one of these scams, you can
report it to the FTC by calling toll-free at 1-877-FTC-HELP. The
case will be added to a database used by law enforcement. There's a
slim chance of getting your money back.
---------------------------------------------------------------------
---
XAU vs. XOI in September ( from KITCO )

The month of September will likely be a month where two major
natural resource sectors diverge after both enjoying impressive bull
markets through 2003 and most of 2004. The two sectors in question
are the oil stock sector, represented by the Amex XOI index, and the
gold stock sector, represented by the XAU index.

The XOI Oil index is currently peaking along with the price of crude
oil, and XOI will most likely trend sideways-to-lower in September.
The crude oil trend in general is currently topping and by the end
of this year we should see oil prices back below $40/barrel. This
eventuality is being signaled in the XOI index.


The XAU index, on the other hand, has already undergone a lengthy
corrective phase in 2004 and after trending below the falling
30/60/90-day moving averages for the past few months has recently
broken above all three of them. The XAU has been diverging to the
upside relative to the broad market as represented by the S&P 500,
another positive technical sign in the short-term. XAU should have a
favorable month of September to reward the patience of those who
have waited through the grinding market trend of the past 3-4 months.


--------------------------------------------------------

Tony Curtis, U.S. actor / On the arrival of the videocassette
recorder, (1971)

http://www.historychannel.com/speeches/ra_archive/speech_370.ram

--------------------------------------------------------

August Advance Has REITs Up 13.5% Year-To-Date

A "REIT" (pronounced "reet") provides investors the opportunity to
participate directly in the ownership or financing of real estate
projects. REITs, operating essentially as corporations, are subject
to special tax laws and generally have the following
characteristics:

1.Invest substantially all of their capital in real estate assets
2.Distribute most of their income to shareholders as dividends, free
of any tax at the corporate level
3.Provide limited liability for investors
   REITs have out performed the entire market the last 5 years. This
sector has been up 17% each of the last few years. With interest
rates  going up, has this run come to an end?   The REIT I have
invested in is EQR I liked the way the price mirrors the dow and yet
pays a 5.7% dividend.   ( below is a 5 year chart comparing an
investment in EQR to an investment in the DOW.



Real estate stocks gained 7.9 percent in August and are now up 13.5%
for 2004 on a total return basis. REITs are outperforming most other
market benchmarks for a fifth consecutive year.
http://www.nareit.com/investing/Domestic%20Returns_4.pdf
--------------------------------------------------------
The conventional wisdom is that rising interest rates are always bad
for stocks. As usual, the conventional wisdom is wrong. Since 1928,
according to Ned Davis Research, stocks have done better than they
do normally after the Fed's first rate hike. In the year following
the initial hike, the S&P 500-stock index rose 9 percent on average,
vs. 7 percent in other years.
--------------------------------------------------------
Rising commodity prices are starting to have a ripple effect on the
stock market, observes Personal Finance newsletter (1750 Old Meadow
Road, McLean, VA 22102). "Scrap metal is rapidly becoming one of the
hottest markets. Look for processing businesses to profit further,
including our favorites Nucor and Steel Dynamics. Both are working
with major industrial companies and U.S. automakers to reclaim
unused steel from manufacturing line operators."
--------------------------------------------------------
This week I purchased a bunch of MSFT for my swing account . MSFT is
paying the $3 dividend in Dec. So, if the price stays stable, it
should give us a nice christmas gift at the end of the year.
---------------------------------------------------------
Training in the workplace


1. Use a live instructor. Adults learn best by doing, practicing and
experiencing. Effective instructors customize their programs to meet
people's needs, provide counsel on individual challenges and respond
to questions. Videos, CDs and E-learning are seldom effective for
primary learning.

2. Hire external experts. They can speak candidly about crucial
issues related to complex work skills. They are free of prior
encounters with your staff. And they bring fresh, outside thinking
based on a worldwide view, instead of an internal one.



  3. Include accountability. Work with the instructor to develop a
review- and-reminder process. Plan follow-up sessions to check on
progress applying new techniques. Ask your staff to select one
change they plan and describe how they will apply it. Then monitor
the application of changes being made. Include learning as a
dimension in performance reviews.

4. Support learning. If you're the boss, set an example of active
learning. Attend the workshop. Then use what you learned. Encourage
others to apply the news skills and reward those who make a special
effort to do so. Create a work culture than recognizes learning as
the key to excellence.

5. Buy smart. Match the type of program with desired skills. Use
employees for proprietary operations, routine procedures and high
volume (more than 50 sessions per year) tutorials. Buy programs that
show practical techniques delivered by experts who use what they
teach.



-----------------------------------------------------------

Water stocks have beaten the general market and other utility shares
handily in recent years. The stability of the water business is one
reason. Another is limited investor choice. There are only 20
publicly traded water companies. Most pay generous dividends, and
the country's demand for water should only increase. Two favorites
are: Southwest Water and York Water.

--------------------------------------------------------------

     (subscribers only)


-----------------------------------------------------------

FUND TALK:

Until recently, individual investors who anticipated still higher
interest rates had few ways to make money on that assumption,
observes Money magazine. "But now Rydex and ProFunds have changed
that. Rydex Juno Fund moves in the opposite direction of the 30-year
Treasury bond. ProFunds Rising Rate Opportunity Fund uses leverage
to up the ante, moving 1.25 percent for every 1 percent the long
Treasury bond rises or falls."

-----------

MUTUAL FUND Money Flow :

Sept 15- Equity Fund Inflows $1.7 Bil; Taxable Bond Fund Inflows
$465 Mil

------------

For such a promising sector, natural gas has surprisingly few mutual
funds devoted to its stocks, notes Money magazine. "Just two, in
fact. FBR American Gas Index (800- 343-3355) seeks to track an index
constructed by the American Gas Association. Gas utilities and
transmission companies dominate this index. Fidelity Select Natural
Gas (800-343-3548), on the other hand, is an actively managed fund.
It's more partial to the shares of energy producers and service
companies."

-----------------------------------------------------------

OTTAWA - A Canadian inventor has designed a computer mouse steered
by movements of the nose and eyelids. The invention, dubbed
a "Nouse," is meant to help people with a disability use a computer.
Users would move a cursor around a computer screen by moving their
nose and blinking instead of clicking a conventional mouse.
http://www.cbc.ca/story/science/national/2004/09/16/nouse040916.html

-----------------------------------------------------------

The paradox of our time in history is that :

We have bigger houses and smaller families, more conveniences, but
less time. We have more degrees but less sense, more knowledge, but
less judgment, more experts, yet more problems, more medicine, but
less wellness.


-----------------------------------------------------------
As Heard & Seen in The Market Vu Show's "InnerVu"

haitham2006:  Anyone interested to buy land on beach to build
tourism hotel in Egypt in resort called Hurgada i can help u to buy.

intheblack1: while the cats away the micros will be in play. micro
caps all week



Bestrades:  its all about risk reward - and we have VERY NICE
PROFITS FROM EARLIER ON



bigbearwilson:  i made a fortune shorting the market after bush got
in. he is a bear's friend. but now he is just a blithering fool'



bandtrader :   Vu, can we pay Paul under the table to start
screaming SELLING ALL AROUND
and then divvy up the proceeds afetr the pikers have jumped in?

Come visit the daily trading room  http://www.themarketvushow.com/
If YOU are not making money ... WE can show you how.

  Do you need some education?   Try looking at The Global Markets
Trading Institute    http://www.tgmti.com/
--------------------------------
Statehouse Corruption

Wall Street isn't the only place where corruption breads - state and
local governments also spawn scandals. According to the report,
Public Corruption in the United States, the 10 most corrupt states
in the country are:  Mississippi, North Dakota, Louisiana, Alaska,
Illinois, Montana, South Dakota, Kentucky, Florida, and New York.
The 10 least corrupt states in the country are: Nebraska, Oregon,
New Hampshire, Iowa, Colorado, Utah, Minnesota, Arizona, Arkansas,
and Wisconsin.

--------------------------------

This week was Options Expiration Week ... and each Options Ex I want
to report an update on the 80% rule. As stated in an earlier
newsletter This 80% rule predicts who will win the presidency....
Right now the Dow is at 10344 and George W is the winner as of today.


--------------------------------
Q: Why is the amount so small for deductions in casualty losses? The
federal government has all but closed this deduction for most
Americans.

A: The law includes severe limits on how much you're allowed to
deduct for casualty or theft losses on "personal-use" property. As a
result, many storm victims effectively wind up being able to deduct
little or none of their casualty loss.

For example, when calculating your deduction, you have to reduce
each casualty or theft loss by $100. Then comes the real killer: You
have to reduce your total losses by 10% of your adjusted gross
income. (For details, see IRS Publications 547 and 584.)

An IRS publication shows that fewer than 100,000 individual income-
tax returns claimed casualty or theft losses for the 2001 tax year.
That represented a tiny fraction of the more than 130 million
individual income-tax returns filed.

------------------------------------------------------------

If you want to track the storms as they approach

http://www.ssd.noaa.gov/PS/TROP/DATA/RT/watl-ir4-loop.html
------------------------------------------------------------
Events Calendar for the coming week ;
Monday : Banc of America 34th Annual Investment Conference San
Francisco, California  /  Nike Annual Meeting of Shareholders
Portland, Oregon

Tuesday : Merrill Lynch Global Pharmaceutical Conference  London,
England  /  ORCL, CA at Bank of America Software Conference  San
Francisco, California

Wednesday : Royal Dutch/Shell Group of Companies Strategy
Presentation  London, England  /  BRCM, TLAB, BEAS, NVLS at Banc of
America Securities Investment Conference  San Francisco, California

Thursday : AMAT, DD at USDC Display Technology Conference  San
Francisco, California  /  CSCO, HPQ at Banc of America Annual
Investment Conference
------------------------------
The above is a compilation of some of the best minds we have to
offer.
==============================

    .. GOOD LUCK MARKETTRADERS

The Dow Jones industrials ended the week down 137.45, or 1.35
percent, finishing at 10,055.205. The S&P 500 index fell 9.36, or
0.83 percent, to close at 1,122.14. The Nasdaq lost 22.23, or 1.14
percent, during the week, closing Friday at 1,919.97.

----------------------------------------------------------------
Weekly Gainers List :

Stocks over $5 posting the largest percentage gain over the last
five sessions include: MCX +49%, DPMI +47%, NETE +45%, QSND +37%,
LDIS +27%, MTEX +24%, KONG +23%, FILE +23%, BEBE +21%, SCUR +19%,
BPT +19%, HTCH +18%, AKS +18%, TOPT +18%, CTRP +18%, MOTV +17%, SNDA
+17%, LMRA +17%, APCS +17%, AIRT +17%, DWSN +17%

Weekly Losers List :

Stocks over $5 posting the largest percentage loss over the last
five sessions include: LIOX -37%, SPRT -32%, NUS -28%, OPNT -27%,
APTI -26%, NXST -22%, CHIR -20%, TRMS -18%, EXM -18%, BKHM -17%,
PHM -17%, BLTI -17%, MOBI -17%, LAVA -17%, SNWL -17%, OTEX -16%,
NATI -25%, ZRAN -15%
------------------------------------------------------------------

Do you want the one time $3 dividend that Microsoft is paying this
year?

You MUST Own the Stock before Nov. 17th to receive it.

The Two charts below compare the performance of the Dow with the
performance of MSFT


                     (subscribers only)


This charts shows how MSFT has under performed the DOW for the last
year.


                      (subscribers only)


This chart shows how MSFT has begun performing better than the DOW.

( for AOL )
  http://tinyurl.com/6vhu8

-----------------------------------------------------------
As Heard & Seen in The Market Vu Show's "InnerVu"

The Lascone : Vu, remember...  Steve also gets visual clues for
interpreting  price action  that we don't see in the Vu room ...

sgrbear1: you were fantastic Steve......what a call on Friday....

Bestrades : noting a little internet bleep here ....

Come visit the daily trading room  http://www.themarketvushow.com/
If YOU are not making money ... WE can show you how.

  Do you need some education?   Try looking at The Global Markets
Trading Institute    http://www.tgmti.com/
--------------------------------
????????????????????????????????

????????????????????????????????

????????????????????????????????

THIS IS NOT THE NEWSLETTER ...  YOUR SUBSCRIPTION HAS RUN OUT



As of Sept. 15th the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

?????????????????????????????????

?????????????????????????????????

?????????????????????????????????

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

The Dow Jones Industrial Average  was up 8.34 points at 10,047.24.
On the week, the index fell 2.3 percent.  The Nasdaq Composite  fell
6.95 points, or 0.4 percent, to 1,879.48. On the week, the tech-rich
index fell 1.6 percent. The S&P 500 index  gained 1.75 points, to
1,110.11, but fell 1.7 percent on the week. Volume was anemic
throughout the session, sector participation was unimpressive, and
breadth figures were fairly mixed...  Tech, however, was the biggest
loser of the day as networking, internet, computer hardware, and
semiconductor headed lower... The Semi's plunged by 2.1% as
investors continue to believe inventory problems could extend into
the December quarter.

  U.S. Treasury prices ended slightly lower, with the market fretting
over thoughts that the Federal Reserve won't take a break from its
course of interest-rate hikes . The 10-year note was down 3/32 at
101 25/32, yielding 4.03 percent vs. 4.02 percent at Thursday's
close.


The U.S. Dollar continues to oscillate between mid-august lows at
87.75 and a near-term ceiling at 90.77. Minor resistance exists at
89.49. Further range-driven trading is anticipated. Our long-term
outlook calls for further basing, potentially within the 84.77-92.50
zone.

Gold has terminated a 4-week downtrend and appears headed near-term
resistance at $416.80. Initial support is now seen at $404.20. Our
intermediate-term outlook remains neutral.

----------------------------------------------------------------
Weekly Gainers List:

Stocks over $5 posting the largest percentage gain over the last
five sessions include: AIRT +54%, WLDA +50%, BHO +41%, MSO +37%,
TRMM +32%, AGIX +29%, MNKD +27%, CYTK +25%, EXM +24%, CMTL +24%,
PETD +17%, DTSI +17%, TNH +16%, NILE +15%, WYNN +14%, NARA +14%



Weekly Losers List:
Stocks over $5 posting the largest percentage loss over the last
five sessions include:
ALE -59.8% ,  BGY  -43.0%  ,  VXGN  -38.9%  ,  AIRM  -20.3%  ,
STMP  -20.0%  ,  RHAT  -17.6%  ,  CLK  -16.1%
------------------------------------------------------------------

In Dow Theory ,the Transports are the engine that drives the Dow
---------------------------------------------------------------


                     Chart for subscribers



--------------------------------------------------------------
The green line is the DOW  and the green line is the Transports. It
looks like the Transports are getting weaker ... If this continues
the DOW will follow. Currently the Transports are above the 50 and
200 day moving avg.The Dow is above its 200 day but has has slipped
below its 50 day moving avg.. The  200 daily  support is  @ 10,100.
http://www.siliconinvestor.com/research/comp_chart.gsp?s=INDU+tran (
for aol users )

-----------------------------------------------------------
As Heard & Seen in The Market Vu Show's "InnerVu"

haitham2006:    Anyone interested to buy land on beach to build
tourism hotel in Egypt in resort called Hurgada i can help u to buy.

intheblack1:   while the cats away the micros will be in play. micro
caps all week

Bestrades:    its all about risk reward - and we have VERY NICE
PROFITS FROM EARLIER ON

bigbearwilson:    i made a fortune shorting the market after bush
got in. he is a bear's friend. but now he is just a blithering fool'

bandtrader :     Vu, can we pay Paul under the table to start
screaming SELLING ALL AROUND
and then divvy up the proceeds afetr the pikers have jumped in?


Come visit the daily trading room  http://www.themarketvushow.com/
If YOU are not making money ... WE can show you how.

  Do you need some education?   Try looking at The Global Markets
Trading Institute    http://www.tgmti.com/
--------------------------------
????????????????????????????????

????????????????????????????????

????????????????????????????????

THIS IS NOT THE NEWSLETTER ...  YOUR SUBSCRIPTION HAS RUN OUT



As of Sept. 15th the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. You can charge it to my paypal account ..
adLaguna@aol. com ( type it without the spaces)  or you can just
send  $30  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------

?????????????????????????????????

?????????????????????????????????

?????????????????????????????????

If you trade or invest this newsletter is a Tax write off
==============================

... GOOD LUCK MARKETTRADERS

UGHO: Stock of September, .50 to 3.50 in 2 days

http://www.antandsons.com/forum/viewtopic.php?t=19

with all the SCAMS out there.



We promptly alert  our subscribers when we hear about Money scams.
We mentioned this phone scam 2 weeks ago. The Securities and
Exchange Commission released this transcript of scam voice mail left
on answering machines:

Hey, Tracy, it's Debbie! I couldn't find your old number, and Tammy
said this was your new one I hope it's the right one. Anyway,
remember Evan, that hot stock exchange guy I'm dating? He gave my
dad that stock tip and it went from under a buck to like three bucks
in two weeks and you were mad I didn't call you? Well, I'm calling
you now. This new company is supposed to be like the next Tommy
Bahama, and they're making some big news announcement this week. He
said it's cheap now, like 50 cents. Sorry, I'm eating, but I'm
starving. It's 50 cents now, and it's going up to, like, five or six
bucks this week, so get as much as you can. Call me on my cell I'm
still in Orlando. Dad and I are buying a bunch tomorrow, and I
already called Kelly and Ron, too. Anyway, I miss you. Give me a
call. Bye.
Listen to the call.
http://www.usatoday.com/money/perfi/stocks/2004-08-20-scam_x.htm
-------------------------------------------
TRADER ALERT .....
We had a minor change on the Daily Mcclellan Oscillator after the
close on Friday. +1.88
http://www.stockcharts.com/charts/indices/McSumNYSE.html
We should see a Mcclose on Monday or Tuesday. Mcclose = a move in
the indexes greater than 1%.
With more traders returning from holiday, we should get more volume
in the markets next week.
------------------------
TODAY is the anniversary of the tragic events that took place
9/11/2001

SEPT. 11 .... NEVER FORGET   http://attacked911.tripod.com/

--------------------------------------------------------------
Weekly Gainers List :

  Stock over $5 posting the largest percentage gain over the last
five trading sessions include: EXM ++83%, HRT +61%, VLTR +59%, LNDC
+42%, BTHS +33%, KFRC +31%, LDIS +29%, NTSL +28%, TZOO +25%, ASF
+22%, ECLG +21%, DAB +18%, PMTI +21%, INTX +21%, OIIM +21%, RSAS
+20%, OS +18%, MOBI +16%, AKS +15%

Weekly Losers List :

Stocks over $5 posting the largest percent loss over the last five
trading sessions include: BRLC -30%, CHIC -27%, CTC -23%, PTMK -19%,
RCII -17%, EFII -17%, DF -16%, ERES -15%, BBBB -13%, MCK -13%, TENT -
13%, ADLR -12%, CATT -12%, ESL -10%, BSML -10%

--------------------------------------------------------------
Treasuries higher on the week that included unusual auctions :
Treasuries end higher on the week after embracing a decline of
initial claims early in the week, an interesting 5- and 10-year
auction, Greenspan's testimony, as well as the PPI and trade data.
Initial claims were reported at 319K, a full 20K below 4-week
average. The 5-year auction went off very well Wednesday resulting
in, strangely, direct bidders grabbing a record setting 32.1% of the
$15 bln sale. The interesting 5-year results were followed by a $9
bln 10-year reopening Thursday that ended on weak demand with a
higher then expected yield of 4.195% and a scant 2.12 cover.
Strangely, dealers took a huge 96% of this offering, with only in
2.9% indirect (compared to an average 34.28% since May 2003).
Greenspan's comments Wednesday rallied the market after he
said, "inflation and inflation expectations have eased in recent
months." .

After a week of interesting happenings one trader had this to
say, "The economy is ok; it isn't flying, after the next rate cut,
which will be it for the rest of the year, we'll go lower. The
inflation thing is not a problem, there had been some longs in the
market the past few days, and the fall off has been largely profit
taking... There remains a terror bid," but events are not a threat
this weekend, "There's nobody at work...unless it's a sporting
event..." The 10-years are +04/32nds yielding 4.178%.
--------------------------------------------------------------

OOOOOOPS  YOUR SUBSCRIPTION HAS RUN OUT



As of Oct. 1st the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. For those who sign up before Sept 15th,  the
cost will be only a $20 Bill . I think you can afford that .You can
charge it to my paypal account ..   adLaguna@aol .com ( type it
without the spaces)  or you can just send me  $20  to G. Laskin
27705 Cummins dr. Laguna Niguel Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------
PLEASE SEND IN YOUR MONEY BEFORE THE PRICE GOES UP....

If you trade or invest this newsletter is a Tax write off
==============================
I was away the first 1/2 of the week. That is why the newsletter was
so short.

... GOOD LUCK MARKETTRADERS ... and good luck to friends and family
in Florida

Many of the traders, fund managers and investors were gone the final week
of August. I spent the last part of the week in La Quinta Ca.
Extremely low volume and low volatility marked most of the action
and the week ended up with every major index having a change of less
than 1% either positive or negative.  The Risk of Recession shot up to
32.7% in August from only 25.7% in July.

The Dow was up 65.19 points  and The Nasdaq exchange was -17.61 for
the week. . Most of the drop on Friday effected the Tech
sector. Unfortunately the stage was set for the decline Thursday
night in the wake of the disappointing mid-quarter update from Intel
(INTC -7.4%).   The company fell short of even the most bearish of
expectations as it reduced its Q3 (Sept) revenues, gross margin, and
capex guidance  A relatively tight/choppy trading range dominated
for most of the remainder of the session.

While the Nasdaq indices were hit hard (new 52-wk lows for INTC and
Semi Index), losses in the other market averages were relatively
modest with gains in oil service, consumer, employment services, and
to a lessor extent insurance, drug and healthcare helping to
underpin.  Despite the Dow and S&P 500 flirtations with the flat
line during the afternoon, market internals maintained a bearish
posture throughout and ended with the A/D line and the up/down
volume ratios negative by a 5 to 4 at the NYSE.  Not surprisingly
the internals were more bearish at the Nasdaq with the A/D line
negative by a 2 to 1 margin while down volume trounced up volume by
a better 6.5 to 1 ratio. My swing plays held up nicely.    TIF ,
EQR , PETC , WYNN . If the dow is going to make any real headway to
the upside, watch the Daily downtrend line from February. This
battle will occur at 10350.00 .

-----------------------------------------------------------
Weekly Gainers List :

Stocks over $5 posting the largest percentage gain over the last
five sessions include: CATZ +46%, STXS +34%, TWTR +28%, ASE +25%,
MGPI +24%, CLRK +24%, COCO +23%, MOGN +23%, CBTE +22%, PKS +22%, LNG
+22%, TCC +20%, OXGN +20%, AUXL +20%, IDNX +19%, HRT +19%, CMPP
+18%, ANSR +18%, HANS +18%, STMP +17%

Weekly Losers List :

Stocks over $5 posting the largest percentage loss over the last
five sessions include: HOC -49%, IBC -31%, SWIR -29%, URI -26%,
EFII -22%, TCHC -21%, OTEX -20%, WINS -19%, COHU -19%, CANI -19%,
ACDO -18%, VASC -17%, XING -16%, AUGT -15%, PLMO -15%, IDTI -15%,
HAST -15%, CY -14%
-----------------------------------------------------------
Right on the Number ...

I heard Tom Brokaw speaking on television about whether President
Bush would have the Friday's economic number before his speech at
the convention. The reporter answered , "He usually gets them
4:00 in the afternoon the day before."  You mean Mr.bush gets a memo
that says :

The Unemployment Rate is the percentage of American workers looking
for jobs. The August rate will remain flat at 5.5 percent.

  WHO ELSE GETS THOSE NUMBERS ?... as Vu says," The economic number
trade is the easiest trade in the book"  Vu, you getting an early
peek?  ... lol
-------------------------------------------------------------------
We have a new 80% rule to follow ... and it has  predicted the  next
President 80 % of the time. Here is what you do .... on the night
that the GOP convention closes write down the number of the DOW. On
election day if the DOW is higher than that number, Bush wins if not
Kerry wins.
------------------------------------------------------------------

As of Oct. 1st the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. For those who sign up before Sept 15th,  the
cost will be only a $20 Bill . I think you can afford that .You can
charge it to my paypal account ..  ( adLaguna@a o l.c o m )  or you
can just send me  $20  to G. Laskin 27705 Cummins dr. Laguna Niguel
Ca. 92677

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com

-------------------------------------------------------------------
JAKARTA (Nikkei)--The Japanese government on Saturday will propose
the creation of a trilateral investment pact with China and South
Korea. The agreement is expected to help South Korea attract
investment from Japan, and China.This will also make it easier for
Korean and Japan companies to enter the Chinese market.
-------------------------------------------------------------------
The Pre-Holiday Effect
1. Buy two days before Labor Day,sell at year end :+16.8%
2. Buy one day before Labor Day,sell at year end : +33.7%

The original research was based on the behavior of the S&P 500 Index
around the 419 holiday market closings that occurred from 1928 to
1975.
-------------------------------------------------------------------
Business Week magazine polled 500 business executives last month
about their positions, and nearly three-quarters (72 percent)
conceded they were not in their "dream job."

What would they rather do?

Nearly a third wanted to be some sort of entertainment/events
producer, followed by winemaker or brewmaster (30 percent). Others
chose careers as chef or restaurateur, a pilot or a golf pro. A
vocation in fashion design was the least popular, 8 percent, among
those surveyed.

-------------------------------------------------------

UPS Wins Tentative Go-Ahead for Expanded Access to China (UPS)
73.04 -0.25:

U.S. Department of Transportation (DOT) has tentatively authorized
UPS to significantly expand its air operations in China. UPS
currently flies from the US to China six times per week. Today's
tentative decision grants UPS six additional frequencies to Shanghai
immediately and six new frequencies to Guangzhou next year.

-------------------------------------------------------

The Near Future of the Housing Market ....

  So, you sold your house, thinking that the prices can't go any
higher, and you plan to rent till the market crashes?  If you are
still waiting for the crash in the housing market you need to learn
this : Home prices don't crash like the stock market !

During the past 30 years, we have learned a good deal about how
downturns in the housing markets play themselves out. If rates
continue to rise and the economy stalls, housing demand will drop
and, assuming that housing markets behave as they have historically,
the markets will adjust slowly.

First, fewer prospective buyers show up at open houses, and bidders
start low-balling offers. Sellers at first refuse to lower their
asking prices because they "know what their houses are worth." Thus,
the "bid-ask" spread widens, time on the market increases, fewer
deals get concluded and home sales drop.

This decline in volume is made worse by household behavior in the
mortgage market. In recent years millions of homeowners have
refinanced at very low rates. Ultimately, if the economy continues
to falter and/or rates continue to rise, house prices will fall.

But prices do not crash as they do in the stock market or the bond
markets, which are essentially auction markets.

-----------------------------------------------------------

INTEL WARNED THIS WEEK ....

You can't call a bottom in Intel (INTC) at this point, but continue
to make some observations from the bullish % indications when have
recently been as low as 6%.  VERY WEAK internals, but also at a
level where BEARISH RISK is VERY high.
http://www.optioninvestor.com/charts/04sep/index.asp?
image=itmw090204_03

-----------------------------------------------------------
Mutual Fund Flow :

Sep 1  - Equity Fund Inflows $210 Mil; Taxable Bond Fund Inflows
$649 Mil

-----------------------------------------------------------

Watch YOUR  GOOOOOOOOOGLE

You have heard the hype and months of confusion about the Google IPO
and the
various shenanigans behind the scenes.The IPO was for 25 million
shares. However there are 260 million additional shares  in insider
hands that will come out of lockup over the next six months. That
means by the end of February more than ten times the number of
shares in the IPO will be available for trading.

Here is the schedule of the shares coming out of
lockup. The IPO was on August 19th.
At 15 days... 4,575,048 new shares for sale
At 90 days... 39,081,106
At 120 days... 24,875,091
At 150 days... 24,874,091
At 180 days... 170,784,389
This represents a monumental shorting opportunity
but shares may be hard to short until more volume
hits the market. Also shorting a highly volatile
$100 stock is very dangerous.

-----------------------------------------------------------

Price increase in the works at Starbucks

Starbucks Corp. plans to raise its beverage prices for the first
time since August 2000 to cover higher costs for milk and health
insurance amid slowing sales. The increase will take effect by
year's end and will be modest. Starbucks officials said in July that
they were considering boosting prices in 2005. Milk prices have
risen by 63 percent since March 2003, while coffee and sugar prices
have climbed by lesser amounts this year.

-----------------------------------------------------------

Bush-friendly stocks have gained since the DNC

Since July 26, when the Democrats convened in Boston, stock sectors
that should thrive in a second Bush administration -- according to
conventional wisdom, anyway -- have outperformed the broader market.
The defense, utility, tobacco and pharmaceutical industries have
gained 4 to 5 percent, while the S&P has risen about 2 percent. Wall
Street is widely seen as favoring a Bush victory, since Bush's
policies -- particularly the tax cuts he pushed through in the first
three years of his presidency -- are seen as favoring the interests
of businesses and stock investors. Tobacco index +4.9%  /  Utilities
index +4.9%  /  Pharmaceutical index +3.9%

-----------------------------------------------------------

Amazon's confusing return policy

A man tried to return an IBM Think-pad notebook under Amazon.com's
product satisfaction guarantee.  When he bought the laptop, he
noticed that Office Depot handled the transaction as a merchant for
Amazon.com.  What he didn't know is that Office Depot then handed
the sale to Tech Depot ( Office Depot's computers and technologies
store) which has a  No Refund policy on IBM computers.  The Office
Depot section of Amazon.com provided no opportunity to find Tech
Depot's well-buried return policies.

-----------------------------------------------------------
Luck Plays a Big Part in Picking Stocks   -   Wall Street Journal

What's the key to investing success: skill or random chance? Judging
by the results of the Sunday Journal dartboard competition, Lady
Luck has the upper hand.

In the 13 competitions since the gauntlet was first thrown down in
2000, the readers' stock picks have managed to beat the randomly
selected dartboard portfolio only five times.

Every three months, we invited readers to pick stocks they think
will do well in the coming six months. Six reader stocks are then
selected to go up against six stocks chosen by Sunday Journal
staffers tossing darts at the stock listings in the newspaper.

The contest, also conducted for 14 years in the daily Wall Street
Journal before ending in 2002, tests the "random walk" theory of
investing -- that blind guessing (the darts) is as effective as
studious stock picking (the readers).

The results so far speak for themselves. Overall, the readers have
gained on average 6% in the six-month contests, compared with 9% for
the darts. The reader portfolios have also been more volatile,
returning all kinds of results from a dismal -71% return in our very
first contest (from September 2000 to July 2004) to a record 139% in
the contest that ended in July.Perhaps this is because readers
sometimes pick stocks for the dartboard competition that they
wouldn't buy with real money.

--------------------------------------------------------------

High occurrences of discrimination at work

More than a fifth of workers say they have experienced employment
discrimination, with gender cited as the most common, according to a
survey of 1,000 adults.

16% of women said they felt they had suffered discrimination,
compared with only 5% of men.

Age, race, disability and religious discrimination followed gender
discrimination.

A third of nonwhites said they had experienced discrimination,
compared to only 18 percent of whites.

---------------------------------------------------------------------
--

Outsourcing's next big thing--Malaysia?

India and China may be the world's premier outsourcing spots now,
but Malaysia is fast emerging as a serious contender for global
offshoring dollars.

India took the top spot in The 2004 offshoring index because of its
cost advantages, as well as its depth and breadth of offshoring
experience and the availability of skilled labor. Although China
trails India in outsourcing experience and qualifications, its large
educated work force and low costs propelled it to second place. The
government's positioning of Malaysia as a hub for services and
technology innovation has resulted in a number of multinationals
locating some of its global or regional operations in Malaysia.

Although India and China came out on top in the study, they have
higher political and economic risks, as well as relatively weak
infrastructures. Moreover, China has to resolve issues of
intellectual-property piracy and political red tape. By comparison,
Malaysia has a relatively more stable political climate backed by
consistent economic growth.

To meet the demand for skilled IT labor, the educational system in
India produces an estimated 2 million English-speaking graduates
with strong technical backgrounds yearly. In contrast, the pool of
IT and engineering graduates in Malaysia totals 75,000 annually.
---------------------------------------------------------------------
--
6th Worst Stock Market Crash:

Date Started: 6/17/1901  /  Date Ended: 11/9/1903

Total Days: 875
Starting DJIA: 57.33
Ending DJIA: 30.88
Total Loss: -46.1%


This is the oldest crash to make the list (DJIA records are not
available before 1900).

To give you a perspective of what things were like during this time,
take a look at these facts:


Life expectancy in the U.S. was 47
Only 14% of homes had a bathtub
Maximum speed limit in most cities was 10mph
Average wage was 22 cents and hour - avg salary/year was about $300
More than 95% of all births took place at home
Only 6% of the population had graduated from High School
The #1 cause of death was Pneumonia and Influenza
The American flag had 45 stars

------------------------------------------


The last five years have been tough on U.S. stock funds. The 10
largest have returned an average of just 0.9 percent annually to
their investors since 1998. But six funds that specialize in small
stocks have returned more than 20 percent annually to their
investors over that same period, says Lipper Analytical: Turner
Micro Cap Growth (plus 32.6 percent), Morgan Stanley Small Company
Growth (25.5 percent), Wasatch Micro Cap (24.1 percent), Bjurman
Micro Cap Growth (23 percent), Bridgeway Ultra-Small Company (22
percent), Bridgeway Micro-Cap (20.8 percent).

------------------------------
The paradox of our time in history is that we have taller buildings
but shorter tempers, wider freeways, but narrower viewpoints. We
spend more, but have less, we buy more, but enjoy less.
------------------------------------------------------------
As Heard & Seen in The Market Vu Show's "InnerVu"

nikita:  suck them in and pull the rug from under their feet.


lindisfarne:  Entering trades without any knowledge of where it is
actually headed, can best be summed up like this...."An un-aimed
arrow never misses."


BuckMadison:  Shoulda coulda woulda is the name of my trading
company...lol...if the shoe fits...don't ya know.


sekots:  Mr Butler has excellent audio, everyone else seems to be
too close to their mikes, in my opinion.

KLASSIK56:  if it LOOKS like up, and SMELLS like up, and SOUNDS like
up, IT'S UP!!!

tradervix63:  well look at the p&f charts , & the bullish%, the
majority of the market is on a sell signal, fact. However the price
must go up and be confirmed with the bullish% to guarantee that the
trend has changed, thats what I do most of the time, no predictions.

------------------------------
Latino immigrants send billions home

An estimated 60 percent of the 16.7 million U.S. adults born in
Latin America regularly send money to relatives back home, according
to Hispanic Business magazine. And about 75 million people living in
Latin America receive 50 percent to 80 percent of their household
income from remittances from U.S. workers.

Mexican and Latin American immigrants living in the United States
will send $30 billion to relatives back home, according to a survey
by the Inter-American Development Bank.

------------------------------
I want to wish President Clinton good luck on his quad- bypass surgery. I Have a
quote from his bedside ... I Actually heard Mr. Clinton say .. " The Republicans
aren't the only ones that want  4 more Years"


for THE few DEMOCRATS out there ...... How to start your day with a
positive attitude:

1. Empty the trash on your computer
2. Create a "new folder" on your computer.
3. Name it "George W. Bush".
4. Send it to the trash.
5. Empty the trash. Your computer will ask you: "Do you really want
to
get rid of "George W. Bush"?
6. Calmly answer, "Yes", and press the mouse button firmly.
------------------------------
Events of interest for the week of Sep 7th--10th include:

Monday, Sep 6: Markets Closed, Labor Day...

Tues, Sep 7th: Analyst meeting: STX... Conferences: Lehman Brothers
2004 CEO Energy Conference , Deutsche Bank Securities Global
Portfolio Trading Conference, Smith Barney Citigroup 2004 Technology
Conference...

Wed, Sept 8th: Greenspan Testifies to House Budget Panel on Economy,
Deficit...  Analyst Meetings: WAT, KMT, HRB... Conferences:
Prudential Equity Group Back-to-School Consumer Conference, Thomas
Weisel Partners Healthcare Conference, Credit Suisse First Boston
Software Conference, Goldman Sachs Retail Conference , Morgan Keegan
Equity Conference , SG Cowen 32nd Annual Fall Technology Conference,
Kaufman Bros. 7th Annual Communications, Media & Technology
Conference ...

Thurs, Sep 9th: August Chain Store Comp Sales Release & Fed's Janet
Yellen speaks on Economic Outlook... Analyst Meetings: INFY, LU, DF,
BKS... Conferences: NewsMakers in the Biotech Industry Conference,
CIBC World Markets 2004 Income Trust Conference...

Fri, Sep 10th: Fed's McTeer speaks at Technology Conference...
Analyst Meeting: DCLK...  Conference: Raymond James Small Cap
Investors' Forum.
------------------------------
Get the Facts (Fax)    http://tinyurl.com/5zvug
------------------------------
Earnings Preview for week of Sep 7th-10th :

Tues, Sep 7th: FLE, UTIW, NMG.A, VTS...
Wed, Sep 8th: KFY, CMVT, MATK, REMC, VRNT...
Thur, Sep 9th: CRMT, CBRL, NSM, ZQK, TTWO...
Fri, Sep 10th: ACET
==============================
The above is a compilation of some of the best minds we have to
offer.
Have a safe Labor Day weekend. Due to the shortened week we won't
have a newsletter next week.
... GOOD LUCK MARKETTRADERS

... and never looking at the cards.


I once read an article in my local paper written by a Columbia U.
professor. The article was in the business section and he claimed
that by using his system you could make 4% to 8%minimum on your
money in less than a week ! We have all seen those get rich quick
schemes, but this seemed to be more than that .... So I began to
delve into it deeper.

It turns out that at least 12 to 14 times a year , Standard &
Poor's  adds or deletes stocks from the S&P 500. The large mutual
funds have to rebalance their portfolios.The idea is to get the list
of companies before other investors do .... then BUY the stocks
being added .. and SHORT the stocks being deleted.

  For a few years this worked like a charm for my trading partner and
I. You didn't even have to think. The only decision you had to make
was , How many of these stocks should I play? My partner was even
looking into  "befriending"  an employee of the S&P, thinking we
might be able to get an early release of the list... lol  He never
had any luck in that area, and as most things ...." Nothing works
forever ". I started seeing discussions about this method of trading
on CNBC and other business forums. THATS the KISS of DEATH. After
that they changed the rules to make it easier for the little guy.
They changed the way Large funds remixed their portfolios.This game
is no longer 100% . If you are interested in playing an old game ,
that still works sometimes ... Below is a recent list ....


Standard & Poor's said it will be adding and deleting some companies
from its S&P 500, S&P MidCap 400 and S&P SmallCap 600 indexes.
Coach Inc. (COH) will replace Charter One Financial (CF) in the S&P
500 . Charter One is being acquired by Royal Bank of Scotland.

Clothing retailer Urban Outfitters (URBN) will replace Coach (COH)in
the S&P 400 index

Community Bank System (CBU) will take the apparel retailer's place
in the S&P SmallCap 600 index.

Also, biomaterials products maker Kensey Nash (KNSY) will replace
apparel retailer Wet Seal (WTSLA) in the SmallCap 600 index after
the close of trading Aug. 31.

For those of you that want to do a little research , here is a
website that will help you make money from this system
http://tinyurl.com/6tnwa

--------------------------------------------------------------------

U.S. stocks ended higher Friday as the DOW clocked a third straight
week of gains and the Nasdaq made it two in a row on investor
optimism fuelled by a close to 8 percent drop in oil prices for the
week.Volume was anemic Friday. It was the lowest level since the half day
session Dec. 26 2003.

The Dow Jones Industrial Average  was up 21.60 points, or 0.2
percent, at 10,195.01, putting in an 85 point gain on the week.
The Nasdaq Composite  rose 9.16 points, or 0.5 percent, to 1,862.08,
  putting in a 24 point gain on the week.

The tech-rich index gained 1.3 percent on the week. The Standard &
Poor's 500 stock index  ticked up 2.68 points, or 0.2 percent, to
1,107.77. In the last week, the broad gauge rose 0.9 percent.

After a see-saw session for oil prices, crude for October delivery
finally settled 8 cents higher at $43.18, ending a five-session
decline in the commodity. Oil traders digested developments out of
Najaf, Iraq, trying to assess what peace in the holy city would mean
for exports from the oil-rich country. Under a peace deal brokered
by leading Shia cleric Grand Ayatollah Ali Husseini al-Sistani,
radical cleric Muqtada al-Sadr ordered his fighters to lay down
their arms and leave Najaf and neighboring Kufa.

Gold futures closed lower, tallying a loss of more than $10 for the
week as traders mulled the impact of the latest data on demand for
the precious metal.

Gold for December delivery closed at $405.40 an ounce on the New
York Mercantile Exchange, down $4.20 for the session, and down
$10.10 an ounce, or 2.4 percent, for the week. A week ago, the
contract closed at a four-month high of $415.50.

U.S. Treasurys closed mostly lower as today's benign data and drop
in crude prices over the week boosted demand for stocks over bonds.

--------------------------------------------------------------

As of Oct. 1st the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. For those who sign up before Sept 15th,  the
cost will be only a $20 Bill , to cover our costs . You can charge
it to my paypal account ..  ( adLaguna@a o l.c o m )  or you can just
send me  $20  to G. Laskin 27705 Cummins dr. Laguna Niguel Ca.
92677     .....  c'mon Sammy you can afford it .. lol

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
-------------------------------------------------------------

Weekly Gainers List :

  Stocks over $5 posting the largest percentage gain over the last
five sessions include: ESMC +42%, GRA +33%, BCSI +31%, LWAY +31%,
TUTR +29%, PSRC +27%, SMTI +27%, ADEX +24%, IDIX +22%, DITC +21%,
KERX +19%, PUMP +17%, ASPN +17%, ARTI +17%, ENWV +15%

Weekly Losers List :

Stocks over $5 posting the largest percentage loss over the last
five sessions include: POSS -39%, SCST -25%, OSIS -20%, SAM -18%,
SAFM -18%, MAXM -14%, BTH -13%, FRED -13%, NDSN -12%, CHIC -11%,
ZRAN -10%, DCGN -10%, AD -9%, SEAC -9%

------------------------------------------------------------
This week Peter Zagrobelny  ( the Director of The Global Markets
Trading Institute ) visited The MarketVu Show and gave a wonderful
seminar about better ways to prepare for the trading day . He
mentioned something I had never heard of and thought I'd pass it
along to you.

  Since I started trading I have kept a record of my daily trades in
a notebook. Thursday , Peter spoke about a good way to visually save
trades ,so you can really study your losers. It is a product that
captures the images on your screen and stores it in a jpeg file. It
is called " Snagit "
http://www.techsmith.com/products/snagit/features.asp
------------------------------------------------------------

  GREENIE SPEAKS:

There was a muted reaction to Alan Greenspan's speech at a two-day
symposium in Jackson Hole, Wyo., as the Fed Chairman steered clear
of making any direct comments on interest rate policy or the state
of the economy.

Greenspan, in keeping with the agenda set out for the symposium,
spoke about the impact of an aging population for the U.S. economy.
He told attendees an aging population presents "tough choices" to
Congress and the executive branch, and any delay in addressing the
issue will only make adjustments "abrupt and painful."

-------------------------------------------------------------

10 undervalued energy stocks

Many on Wall Street are counting on energy prices to collapse. But
oil traders see things differently -- and point to bargains all
along the energy chain.  These stocks trade below their intrinsic
value because investors expect another energy price slump.


1. APC 2. BR 3. BP 4. CVX  5. BJS 6. SLB 7. AES 8. WMB 9. SRE 10. SUG

-------------------------------------------------------------

This is something I have waited for a long time  ... a Car that runs
on hot air.

As an Artist ,I have spoken for years about having a car that was
Air -Powered. With all that man has achieved, I figured that the
only thing holding us back was " Greedy Big Business "

It has finally happened , a  man from downunder has created the
first commercially operated vehicle in Australia to use air as a
fuel instead of petrol. The system uses the energy in compressed air
to take in heat from the atmosphere as well as air. This atmospheric
air is then compressed to generate more heat, which in turn is used
to drive the engine.
http://www.abc.net.au/science/news/stories/s1183531.htm
------------------------------------------------------------
MUTUAL FUND Money Flow :
Aug 25- Equity Fund Inflows $555 Mil; Taxable Bond Fund Inflows $749
Mil
-----------------------------------------------------------------
The Linux Incompatibility List is an attempt to catalog and document
hardware/peripherals of all kinds that do not work with the Linux
operating system.
http://leenooks.com/1
----------------------------------------------------------------
Nvidia directors snap up NVDA stock

DOW JONES reports that five Nvidia directors have spent big money in
August to collect a total of 740,370 shares in the company.
That's revealed in a number of filings with the Securities and
Exchange Commission (SEC) on its website. Dow Jones suggests that
the move may be prompted by confidence that Doom III will help boost
sales of its chips.

Early in the month, Nvidia (tick: NVDA) bought back $300 million's
worth of its own shares, but it reported on August 6th that its
second quarter results weren't as bright as it expected - causing
its share price to drop by over a third.

The same Dow Jones article suggests that Nvidia is delivering
technology such as Shader 3.0 before the market is ready for it. But
Nvidia maintains that that's somewhat inevitable when developing
hardware.

---------------------------------------------------------------------

The Stock Trader's Almanac has bad news for us.  The Almanac states
that the last five days of August have been extremely painful 6 out
of the last 7 years.  The average loss in the Dow is -4.0%, on the
S&P 500 it's -3.8% and on the NASDAQ it's -3.5%.  If the markets
follow this historical trend then the end of August could witness
the Industrials near 9700, the S&P 500 near 1056 and the NASDAQ near
1775.  Of course if you're feeling optimistic you could round the
numbers up a bit and just look for the major indices to retest their
August lows.
===============================
UPDATE on the Human Condition .....

Approximately 35.9 million Americans live below the poverty level -
almost 13 percent of them in California. The threshold for a family
of four was $18,810, while for two people it was $12,015. Median
U.S. household income is $43,318, while the figure in California is
$48,979. Income fell 2.6 percent for Hispanics to nearly $33,000.
Asians had the highest income, over $55,000, while whites made
$47,800 and blacks nearly $30,000.

One in six Americans, or 45 million people, lacked health-care
coverage. Of those, 6.5 million were Californians. The number of
people without health insurance increased by 1 million in 2003 to
243.3 million, or 84.4 percent of the population. The number of
people covered by employment-based health insurance fell between
2002 and 2003 from 175.3 million to 174 million.

Most countries appear on track to cut by half the number of people
without access to safe drinking water, but that still will leave 800
million people - mainly in sub-Saharan Africa - with polluted
supplies.Bad sanitation - decaying or nonexistent sewage systems and
toilets - fuels the spread of disease like cholera and basic illness
like diarrhea, which kills a child every 21 seconds.
-----------------------------------------

Rise in Treasury yields could be a stocks boon

When interest rates rise, it has a negative effect on stocks. But it
depends on how far they rise, and why. According to Prudential
strategist Ed Yardeni, it would actually help most stocks if
Treasury yields rose to 5 percent because it would suggest that the
economy is strengthening.
-------------------------------------------------------------
If Internet traffic is any indicator, the world is going through
Olympic maddness.
According to LYCOS 50 daily report, The Olympics is  #8 among the
most searched topics this week. Here are some OLYMPIC highlights you
might have missed ....  enjoy ... lol
http://home.datacomm.ch/marco.fernando/fla/bozzetto/olympics.swf
------------------------------------------------------------
     WHO PROVIDES THE OIL ..... Top 5 Oil  Producers

1. Saudi Arabia      9.7 million brls a day
2. Russia                 9  million brls a day
3. USA                    7.8 million brls a day
4. Iran                     4.2 million brls a day
5. Mexico                3.9 million brls a day
-------------------------------------------------------------
Cycles


Cycles are present everywhere in nature from the cosmos, the seasons
and the plant and animal kingdom. This is also true of all actively
traded stocks and commodities. Each has its own internal clock or
vibration.

Edwin Dewey was the first to do definitive studies on cycles through
his prestigious organization known as the `Foundation for the
Study
of Cycles'. Paul Tudor Jones would eventually support and
takeover
the research project.

The first big money maker in the commodities market was based on
cycle theory. James Hurst's book, `The Profit Magic of Stock
Transaction Timing', (1972),  became a classic in cycle theory,
ironically, another cycle book came out at he same time by William
Garret. Hurst's book was $10.00 the Garrett book was $30.00!
Hurst's
book became the best seller. However, the material in the Garrett
book was priceless for WD Gann Aficionados because it illustrated
the geometric characteristics of a price chart. It also described
how to square a circle through the progression of the Fibonacci
Summation series and the use of the ellipses.

Cycles repeat but usually for two or three repetitions before
expanding or contracting in dramatic fashion. Those of you that want
to study cycles should study the works of these two masters.
---------------------------------------------------------------

Mutual-Fund Checklist
1. If you don't use a broker, never pay a fund sales commission.

2.Stick with stock funds with annual expenses below 1%, bond funds
that charge less
than 0.7% and money-market funds that levy less than 0.6%.

3.Favor funds with low portfolio turnover.

4.Decide which market sectors you want exposure to and then pick
funds that stick with that market niche.

5.Avoid funds that own fewer than 40 stocks or have more than a
third of their portfolio in one industry sector.

6.Look for managers with both impressive long-run performance and
consistenly good short-run results.

7. Make sure the manager responsible for a fund's record hasn't quit
or retired
------------------------------------------------------------
The secret of a good sermon is to have a  good beginning and a good
ending; and  have the two as close together as possible.
~George Burns
------------------------------------------------------------
PLAY BALL !!

Major League approves Baseball Channel for TV
http://biz.yahoo.com/rc/040820/media_baseball_1.html
------------------------------------------------------------
7th Worst Stock Market Crash:
Another long market crash -one that many people still remember
(think Vietnam and the Watergate scandal). This crash lasted for 694
days before bottoming out.


Date Started: 1/11/1973
Date Ended: 12/06/1974

Total Days: 694
Starting DJIA: 1051.70
Ending DJIA: 577.60
Total Loss: -45.1%


------------------------------------------------------------
Dividend reinvestment plans (DRIPs) allow investors to buy more
shares of the stocks that sponsor them directly, without paying
brokerage fees. Almost 800 large U.S. companies now have DRIPs, and
their median yield is 2.5 percent, almost double the yield of the
S&P 500. According to AAII Journal seven DRIP stocks recently
yielded 3.5 percent or more: Altria Group, Jefferson Pilot, Schering-
Plough, BB&T, Donegal Group, Provident Bankshares, Sara Lee.
------------------------------------------------------------
Buy a car, get one free ?

It's hard to believe. But with a deal more commonly seen at clothing
sales, one car dealership in New Jersey has upped the ante to lure
buyers who have become blase about the usual incentives offered on
vehicles these days.

For buyers who purchase any new 2004 or 2005 model Nissan, the Route
46 Nissan dealership in Totowa is giving away a 2003 Nissan Sentra,
usually an off-lease or traded-in vehicle. http://tinyurl.com/5vb72

-----------------------------------------------------------
As Heard & Seen in The Market Vu Show's "InnerVu"

trader02: One blonde asks another,Which is further, London or the
Moon? The other blonde replies, HELLOOOOO, can you see London from
here?


sp13ema: FWIW, there was a news article that the new MSFT security
update which will be released to the public next week will block
popup ads. This might put pressure on whatever companies earn
revenue by preparing popup ads.




BuckMadison: Am I the only one here who thinks the CSCO CEO John
Chambers is light in the loafers and probably cross dresses on the
weekends?...llolol



Bestrades-net:  Cause my newsletter says so - hehehe


jt_143:  Vu, my cousin who is a roofer called me last wk and asked
me about buying oil stock....if that tells ya anything, lol


KLASSIK56:  Practice does not make perfect...PERFECT practice makes
perfect....Too many people keep repeating the same mistakes


Come visit the daily trading room  http://www.themarketvushow.com/
If YOU are not making money ... WE can show you how.
------------------------------
Product Insurance:

About a year ago, a friend of mine bought a $200 cellphone, but
turned down the $5-a-month warranty. She figured she would be
careful with the phone, and the $5 was just giving money to the
phone company for nothing.

Soon after, she had the phone in her coat pocket and slammed a car
door on the coat; the phone was destroyed. When she replaced the
phone, she once again rejected the coverage. "I figured it was a
fluke accident," she says. "It wouldn't happen again."

Then her five-year-old daughter accidentally pushed the phone into a
sink of soapy water and ruined it. Another fluke, she thought. So
she didn't buy the warranty for the third phone. This time, a
friend's dog chewed up the phone. The fourth time she declined the
protection because she only had a few months left on her contract
and knew she'd be upgrading her phone. She promptly lost the phone
and had to buy a fifth phone. This time she bought the insurance.

"That one phone cost me over a thousand dollars," she says. "All
because I thought it was worth the gamble since I was sure I'd take
care of my phone."

------------------------------
The World's Top 10 Most Powerful Women
http://tinyurl.com/7x6nx
------------------------------
Planning ahead for succession in business


1. Start planning early. It's a common mistake to delay succession
planning until circumstances demand it. Not only does this leave
your business vulnerable, it also prevents you from taking the time
you need to thoroughly think through the variety of issues that a
succession plan requires.

2. Seek professional advice. An effective and comprehensive
succession plan can only be achieved with all of your business
advisers working together. The advice of accountants, lawyers and
financial advisers – professionals with experience in business
succession planning – can help you determine your options and
avoid
potential pitfalls.

3. Determine your successor. Whether you plan to sell the company to
an outside buyer or a family member, develop a plan for this
ownership transition and communicate it to key stakeholders.

4. Decide when you want to sell your business. Determining when you
want to transition the business to the new owner will assist you in
maximizing value, ensuring the continuation of the business in an
unexpected event, and creating a sound financial plan for retirement
to achieve goals in the next stage of your life.

5. Conduct periodic check-ups on your succession plan. There is no
one-size-fits-all approach. As circumstances change, re-evaluate
your current and long-term goals to minimize any complications
during the transition.

------------------------------
ASTRO TALK :

Mercury's entry into the sign Leo puts a greater than usual emphasis
on the need to speak from one's heart as Leo is the home sign of the
Sun. Ideally, this suggests that we are now in a period when direct
communication is highly likely. Fiery Leo is less interested in
analysis and filtered communication than in direct, pure, self-
expression. Expect, then, that enthusiasm may carry the
conversational day over objective reason and logic. Monday is the
full moon.

------------------------------
It's all a game for Bush vs. Kerry

At least that's the way it's working out in "Bush vs. Kerry Boxing,"
one of several new video games to capitalize on the current
presidential campaign.

Sorrent, a specialist in games for cell phones, released the game
this week in attempt to give a contemporary spin to virtual
pugilism. Gamers can play as either Bush or Kerry, engaging in one-
off bouts or advancing through a campaign mode with three-round
matches against increasingly tough opponents from the opposing
party. Sen. Hillary Clinton referees.

Robert Nashak, vice president of production at Sorrent, said the
company already sells several traditional boxing games and saw an
opportunity in an increasingly feisty campaign season.

"The inspiration was looking at Time magazine and seeing they kept
referring to Bush and Kerry as contenders, and using all these
boxing metaphors," Nashak said. "We thought it'd be fun to really
put them in the ring."
http://i.i.com.com/cnwk.1d/i/ne/p/2004/082504cheney_d.jpg

------------------------------
Companies reporting earnings for the week of Aug 30th- Sep 3rd
include:

Mon Aug 30th: ACDO, DY...
Tues Aug 31st: ABS, EASI, FCEL, DCI...
Wed Sep 1st: COCO, VTS...
Thu Sep 2nd: CAH, DLM, SEH, SHFL, CAO, MBG, PLL.
------------------------------
Besides the Republican National Convention Mon-Thurs, other events
for the week of Aug 30th- Sep 3rd:

Mon Aug 30th: SOLE 2004 - 39th Annual International Conference and
Exhibition...

Tue Aug 31st: Ericsson LM Telephone Extraordinary General Meeting;
Information Holdings' Special Meeting of Shareholders...

Wed Sep 1st: August Sales Release - WEN; Boston Scientific to
Webcast Conference Call Providing 2004 and TAXUS Updates; Ford Motor
Co. August 2004 U.S. Sales Results Conference Call; General Motors -
Aug. 2004 Sales and Production Release Conference Call; Aeropostale
Chain Store Comp Sales Release and Call...

Thu Sep 2nd: Eastman Investor Day; Diageo to release prelim Y04
results; Quantum Corporation Shareholders Meeting; Altera Business
Update; Intel Corporation Q3 Mid Quarter Business Update and
Conference Call
==============================

The above is a compilation of some of the best minds we have to
offer.

... GOOD LUCK MARKETTRADERS

....But by the moments that take our breath away.


At the bell Friday, the Dow Jones Industrial Average rose 69, the
Nasdaq gained 18, and Big Board breadth was eye catching, with a 3-
to-1 ratio of Big Board winners to losers. But even with an options
and futures close out, volume was only 1.2 billion shares.

For the week, the Dow was up 2.9 percent, the S&P 500 rose 3.2
percent, and the Nasdaq jumped 4.6 percent. It was the second
straight up week for the Dow and S&P 500, and the Nasdaq reversed
two weeks of losses.

I have been talking about the important 50 day moving avg. on the
Transportation chart. As long as the Transports are below the 50 and
200 day mov. average line, The DOW will not rally. As of Friday  The
Transports are now above both 200 and 50 on the daily chart. (
3086.00 ). The longer this holds ... the better the chance that the
DOW will follow.

In the past, oil price expansion has often led to economic
contraction, and today economists at Lehman cut their 2004 and 2005
growth rates based on record energy costs. But the analysts at
Economic Cycle Research say the offset this time is the low level of
interest rates. They found that oil-related slowdowns that did not
culminate into recessions were characterized by declines in short
rates to low levels early on. The situation today resembles the mid-
90s when the economy experienced a soft landing.

After touching an all-time peak of $49.40 a barrel, crude reversed
and closed down $1.10 to $47.60. Thus, the hoopla confrontation with
50 bucks never took place. Some lessening of tensions in Iraq and
the expiration of the September futures contract helped trigger the
reversal.

The bond market held close to the highest level since April for a
second week on speculation high oil prices will retard growth. The
10-year note yield held at 4.20%, and got as low as 4.15% this past
Wednesday.

Despite the profit taking in crude oil, energy stocks advanced,
helped by a Lehman upgrade of the oil service group. Stocks like
Transocean, Tidewater and Global Santa Fe all responded to the
upgrade. Also in demand was crude oil giant ChevronTexaco and
natural gas favorite Devon Energy.

Financial stocks advanced with Morgan Stanley, Goldman Sachs and
Merrill Lynch pacing the brokers. The substantial rise in oil
futures trading will rebound favorably. Meanwhile, the bubbly
advance today helped Google to a second-day gain, rising seven
points to $108, on top of yesterday's 15-point pop from the $85
offering price.

Real estate investment trusts were sparked by a premium bid by
General Growth Properties for Rouse, sending the latter up 16
points. Moving in sympathy were Taubman Centers and Developers
Diversified. I mentioned here last wek how i had bought a REIT
called EQR. Its up a few points this week.

Gold moved to a four-month high, and gold stocks followed along.
Newmont Mining, Barrick Gold and Freeport McMoRan advanced.


------------------------------------------------------------
High Short Interest Point Gainers :
Biosite (BSTE 46.51, +1.54), Short Interest 50% of the float...
  Air T (AIRT 11.83, +1.51), 38% of the float...
Electronics Boutique Holdings (ELBO 31.37, +3.57), 30% of the
float...
Omnivision Technologies (OVTI 11.72, +1.09), 25% of the float...
Arrhythmia Res Tech (HRT 13.40, +1.70), 24% of the float...
MicroStrategy Inc (MSTR 34.12, +0.79) 18% of the float...
TravelZoo (TZOO 41.35, +2.44) 16% of the float...
------------------------------------------------------------
Weekly Gainers List :

Stock over $5 posting the largest percentage gain over the last five
sessions include: TZ00 +58%, MVIS +47%, PDQ +44%, PXLW +44%, PRV
+42%, CYBX +40%, RSE +36%, WIND +31%, DNT +30%, NPSP +29%,  MAMA
+29%, SEAC +27%, ELBO +27%, ULBI +26%, NABI +25%, OVTI +25%, PETC
+25%, CAI +25%, NILE +24%, SYNA +23%, CRDN +23%, UHAL +23%

Weekly Losers List :

Stock over $5 posting the largest percentage loss over the last five
sessions include: SNPS -25%, LWAY -16%, KONG -14%, SYNO -12%, CZN -
12%, LPNT -11%, RHAT -10%, IPAR -9%, AMSG -9%, SSNC -9%, PSYS -8%,
EASI -6%, JWN -6%
------------------------------------------------------------
SEC warns of telephone stock scam !

Securities regulators have discovered a new stock scam where
investors are enticed by a "wrong number" on their answering
machines to buy the stocks of small, thinly traded companies.

The Securities and Exchange Commission, which learned of the alleged
fraud about two weeks ago, issued an alert to warn investors. The
agency has received hundreds of complaints from people who received
the messages at home or on their cell phones, said Susan Wyderko,
head of the SEC's investor education office.

The calls, often made by a woman supposedly calling one of her
friends, refer to a tip from "a hot stock-exchange guy I'm dating"
and report that the company is about to make a big announcement that
will boost its stock price. "We believe this is a new phenomenon and
that the messages are widespread, reaching coast to coast," Wyderko
said. "It's important to never buy stocks on the basis of hot tips,
particularly when the person recommending the stock is a complete
stranger."   (We played the entire phone call to warn people in The
MarketVu Show.)

----------------------------------------------------------

MUTUAL FUND Money Flow

Aug 18- Equity Fund Outflows -$2.2 Mil; Taxable Bond Fund Inflows
$586 Mil

----------------------------------------------------------

Terror called top threat to economy


Terrorism has replaced weak employment growth and the ballooning
budget deficit as the biggest immediate threat to the economy, the
National Association for Business Economics said. The NABE said
terrorism and defense issues were picked by 40 percent of its survey
panel as the biggest short-term threat facing the economy, well
ahead of government spending and the deficit, which was selected by
23 percent of the 117 NABE members surveyed.

------------------------------------------------------------

From Tom Mcclellan :

We should expect prices to continue lower from here. Our predictive
Timing Model signals show a big bottom cluster due Aug. 24-26, and
so we interpret that as saying that most or all of the price damage
will be done by that time. Another bottom cluster in September
agrees with this pattern analog, and we believe that it will be from
the September bottom that prices are able to go up

----------------------------------------.

Business Week Online comments on the huge corporate cash position.
They say corporate America is cash stuffed, stingy, and scared.
After the third quarter of 2000, business invested $337 billion more
than they needed. But at the end of the first quarter of 2004,
internally generated corporate cash flow exceeded business
investment by nearly $63 billion.

-----------------------------------------------------------


Contrarians might take heart from the latest Merrill Lynch survey of
money managers. The survey, covering 293 money managers controlling
$940 billion in assets, finds a build-up in cash during August to
the highest level since the bottom in March of 2003. Fund managers
cut their holdings of technology stocks to the lowest in at least
nine months while adding drug makers and utilities. They also expect
profit growth to decelerate in the second half.
---------------------------------------------------------------
TREASURY TALK:
Joe Lavorgna, chief fixed-income economist at Deutsche Bank, says
U.S. Treasury note yields at their lowest since April will spark an
acceleration in economic growth that will in turn send yields higher
again. He says growth will quicken to an annual pace of 4.3% this
quarter from 3% in the second quarter. He sees 4.5% in the fourth
quarter. He says record oil prices will not slow the economy and are
instead a symptom of strong demand.
---------------------------------------------------------------
While studying the power outage from last year  an interesting
discovery was made. They found something that they are keeping
quiet..... While the power was down .... WE HAD SOME UNUSUALLY CLEAN
AIR !!  I don't think big business wants us knowing that...

The I-Grid Power Monitoring System recorded the propagation of the
event from the Midwest to the East Coast. The following maps
summarize reported data from over 200 power quality monitors.
http://www.softswitch.com/news.htm

--------------------------------------------------------------

Need a Fed translation? We'll accommodate you

The Federal Reserve's rate-setting committee meets eight times a
year and issues a statement after every meeting to explain its
policy and its assessment of the economy. Bankrate.com provides this
translation of the Fed's Aug. 10 statement for those of us who
aren't fluent in Fedspeak.
http://www.bankrate.com/brm/news/fed/translation.asp

--------------------------------------------------------------
GPS feature on cell phones to help steer drivers toward cheap gas
Tracking down a gas station - especially a cheap one - while running
on fumes can be a scramble. But soon hunting for a bargain at the
pump will be as easy as flipping open your cell phone.

Televigation, a Sunnyvale wireless technology company, is launching
a service Aug. 30 that will help motorists find the cheapest gas in
town, using GPS-enabled cell phones. The service can also sort for
your favorite brand, such as Union 76, and will list the closest
dealers within a five-mile radius of a driver's location.

This "fuel finder" is considered a first attempt by service
providers to use wireless tracking programs to give consumers a leg
up on the latest gas crunch. The fuel finder will work like other
GPS navigation tools, offering voice automated driving cues for
drivers seeking a map to the nearest and least expensive gas
stations.

------------------------------------------------------------
Got kids heading off to college? Try to keep a tight grip on your
wallet.

A California man was on the verge of bankruptcy. He had two sons in
college and had given each of them a credit card with a $5,000
spending limit. Both boys had exceeded the limit -- and in between
trying to keep up with the payments on the cards, as well as tuition
bills and related expenses, the father was almost broke.

If your son or daughter is college bound, consider taking these 4
steps:

1.Educate your kids about credit.
Most teenagers are taught little, if anything, about money and
credit in high school. Once they get to State U., where vendors with
credit-card applications await at every turn, students are financial
accidents just waiting to happen.

2.Arrange for a user credit card.

If you have a bit more confidence in your student's financial
acumen, a secured credit card can accomplish several goals at
once.Both the student and parents can make deposits in the account.
The bank, in turn, issues a credit card to the student.

3.Don't co-sign a loan or credit card
The problem here: If you are simply the co-signer, you don't see the
monthly bill. The student does.And if you don't see the monthly
bill, you won't notice that your budding engineer has skipped
several monthly payments -- until it's too late.

4.Limit the size of student loans

With interest rates on student loans in the low single digits,
students typically are tempted to borrow more than they need for
education alone. Some young adults use the money to pay for autos
and other goodies.The problem comes after graduation, when payments
on these loans begin.

------------------------------------------------------------
Historical precedence augurs well for the stock market through at
least December, says The Chartist newsletter . "The last time there
was a double-digit loss in an election year was 1940. On the upside,
the Dow has recorded its high for the year during the fourth quarter
of election years 60 percent of the time. We don't expect the rest
of 2004 to be a bear-market period."
------------------------------------------------------------
E-Trade Financial Corp., a major online broker, Wednesday said
customer stock trading for the month of July dropped 1.6 percent
from June as investors curbed their enthusiasm for trading stocks.
The online brokerage industry has been struggling to emerge from a
three-year slump characterized by low customer trading volumes.
Individual investors burned by earlier losses have retreated to the
sidelines in recent weeks due to declining stock markets.

------------------------------------------------------------

Big Money-Savers ( 6 - 10 )
Saving money, alas, usually means sacrifice: wearing that tattered
coat another year, turning down the thermostat. That's why most of
us can't shake the spending habit. So here are some relatively
painless ways to rack up big savings over a roughly five-year period.

6. Lose your landline phone. If you're like many families, each
member has a cellphone. With the average bill for a wired phone
running $70 a month, you should ask yourself if you really need a
landline. Savings: $4,200

7. Phone home -- on the Internet. Still not ready to forgo the
landline and rely solely on your cell? Try an Internet telephony, or
voice-over-IP, provider such as Vonage or Net2Phone, both of which
charge $30 to $35 for a monthly plan that includes unlimited local
and long-distance calls. Savings: $2,100-$2,400

8. Catch the Spirit. Or catch the JetBlue, AirTran...you get the
picture. Discount carriers charge on average 15% less per mile than
their bigger counterparts. If your family collectively flies 20,000
miles annually, you can save $300 a year in fares. Savings: $1,500

9. Avoid collision. Optional insurance contracts on rental cars can
cost as much as $25 a day. But if you already have auto insurance or
a credit card that provides it, this additional insurance is
probably just money out the sunroof. Even if you rent a car for just
six days a year, you can save up to $750 over five years. Savings:
$750

10. Pause at the pump. Do you really need that premium or ultra
gasoline? Car experts say no. Most American families have at least
two cars and fill each with 850 gallons of gas every year. Saving 10
cents or 20 cents a gallon may not seem like much, but over five
years, it's a gusher. Savings: $850-$1,700

----------------------------------------------------------------

8th Worst Stock Market Crash:

Although this stock market crash only took the 8th spot, it is the
longest one on our list, lasting nearly 3 years! With WWII and the
attack on Pearl Harbor, the markets had a very tough time.

Date Started: 9/12/1939
Date Ended: 4/28/1942

Total Days: 959
Starting DJIA: 155.92
Ending DJIA: 92.92
Total Loss: -40.4%

------------------------------
Do you want to make the big bucks?

Trying INVENTING not INVESTING ... The man that invented " time
release " for vitamins makes 40 million a month.
------------------------------
What to do ... "You've been outsourced"

1. – Think like an entrepreneur. Make the most out of every
project.
Turn assignments into something that gets the person on the other
side of the recruiter's desk excited.

2. – Pursue mastery. To survive the white-collar tsunami, you
need
to develop mastery in something of specific economic value. Act like
a pro athlete. Become so good at what you love that you become an
indispensable human being.

3. – Embrace marketing. Gone are the days where you work in the
same
place with the same people for 20 years. You must constantly sell
yourself anew. Become your own spin doctor, marketing your worth,
your point-of-view and your skills.

4. – Thrive on ambiguity. Get used to changing course without
raising a bead of sweat. In a constantly changing business world,
dealing with ambiguity is not enough. You must thrive on it.

5. – Laugh off the mess-ups. If you pursue mastery, you'll
undoubtedly mess up from time to time. The best thing to do is to
laugh off the failures and immediately move on to the next try.

------------------------------
TEXAS TEA

T. Boone Pickens, the well-known oil investor, predicted in May that
oil would get to $50 a barrel. While he declined to boost his
forecast today, he said his fund is betting on an increase. The
International Energy Agency raised its projections for 2004 oil
demand to 82.2 million barrels a day earlier this month. Meeting
that demand takes up almost all of the world's production so any
disruption--such as in southern Iraq--becomes vital.

A Bloomberg survey of oil traders finds 32 predicting continued
price rise next week, 12 expect prices will fall, and seven say oil
will be little changed.The OPEC oil cartel will meet non-OPEC
producers on September 16-17 and request them to increase production.
------------------------------
TEA and RICE

BEIJING, (Reuters) - Chinese crude imports, up 40 percent so far
this year, show no sign
of slowing despite high oil prices and government efforts  to calm
economic growth, latest monthly import data showed on Friday.
China, the world's second-largest oil consumer after the United
States, imported 70.63 million tonnes or 2.49 million barrels per
day of crude in  the seven months to end-July, 39.5 percent above
the same period of 2003,  Said the official Xinhua news agency .

------------------------------
ARE THEY NUTS?

MinuteClinics Coming to Maryland Target Stores  .... Just think guys
you can buy your TIRES and have your COLD SORES  looked at in the
same store.

  Well, quick alternatives to the doctor's office are coming to eight
Baltimore-area Target stores. MinuteClinic is setting up clinics
that can treat ailments such as strep throat, pink eye, bronchitis,
flu and seasonal allergies - fast.  The clinics also are designed to
treat sinus infections, poison ivy, cold sores, female bladder
infections, ringworm and deer tick bites. They will offer four
vaccines, including tetanus/diptheria, flu and pneumonia and
hepatitis B.
An office visit and test for strep throat costs $48 for patients
paying out-of-pocket. Visits for ear aches, bronchitis and pink eye
cost $44. Clinics will offer flu shots starting Oct. 1. Sounds like
a business model that Sears , JC Penny , or even WalMart should look
at.

MinuteClinics have had 152,000 visits since they opened. Each clinic
has at least two full-time nursing practitioners, as well as an
additional part-time employee. A physician is on call during all
hours of operation.     Thx Bro

------------------------------
This is a fascinating story about, How eight pixels cost Microsoft
millions !!

When coloring in 800,000 pixels on a map of India, Microsoft colored
eight of them a different shade of green to represent the disputed
Kashmiri territory. The difference in greens meant Kashmir was shown
as non-Indian, and the product was promptly banned in India.
Microsoft was left to recall all 200,000 copies of the offending
Windows 95 operating system software to try and heal the diplomatic
wounds. "It cost millions."   http://tinyurl.com/62kbh
------------------------------
Public, security experts' e-voting views differ sharply

Security experts are substantially more skeptical about e-voting
than the public, but their greatest worry is system and programming
errors, not malicious hacker attacks, according to a survey released
this week.

The study, conducted in July and early August, aimed to measure
public opinion about electronic voting systems and then compare the
results with those of security experts -- both IT pros and hackers.
The Tucson, Ariz.-based institute collected 2,933 usable responses
nationwide from the public, both online and by postal mail, and
surveyed 100 attendees at the Black Hat and Defcon hacking/security
conferences.

(20%) of the experts cited system and programming errors as their
top concern, followed by attempts to influence the outcome of an
election (17%). A potential breach of security by hackers and
cybercriminals ranked third (15%) as a potential e-voting worry
among the Black Hat/Defcon attendees.
(83%) of the experts said e-voting is either less or much less
secure against election tampering than traditional paper ballot
machines, compared with just 19% of the general public. Almost half
(49%) of the experts said electronic voting systems were less likely
to record and report their votes accurately, vs. 21% of the public.
http://tinyurl.com/4pdl9

------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"

lindisfarne:  in a losing trade, averaging down or up is like making
love for chastity.

MktVUBoT] Make sure you pass the word around about The Market Vu
Show -- tell all of your trading buddies to join us so we can become
the greatest collaborative trading "engine" around!

cathound2: Does anyone notice that XOM and other oil companies are
NOT making new highs as the Futures market does?

TLochner: just because you got lucky one time and made a few $
doesnt mean much... consistency matters

ztrader2: discretionary income shrinking to zilch

jt_143: don't take tips from the guy working the deep fryer !

Come visit the daily trading room  http://www.themarketvushow.com/
If YOU trade Futures and you are not trading with the knowledge of
where VALUE is and what happens @ certain Price Points.... I have
seen it before you sit there as the market keeps going ....YOU are
MISSING the BOAT... These are basics that are taught on The Market
Vu Show.
------------------------------
Interesting comparison between the Transports and Crude Oil
http://www.optioninvestor.com/charts/04aug/index.asp?
image=oimw081504_01
------------------------------
Companies who will be reporting earnings for the week of August 23rd-
28th include:
Mon Aug 23rd: TOY...
Tue Aug 24th: HNZ, HRB, HUG, OVTI, SEAC...
Wed Aug 25th: SJM, TOl, WSM, ADCT, DLTR, MIK...
Thu Aug 26th: BF.B, DG, FRED, SFD, CHS, LTXX, TSA, TECD, TIVO
------------------------------
Events for the week of Aug 23rd-27th :
Mon Aug 23rd:  Agilent's Test & Measurement Analyst/Investor
Briefing; Actuate Corp International User Conference...
Tue Aug 24th: BMC Software 2004 Annual Stockholders Meeting; Actuate
Corporation Analyst Day...
Wed Aug 25th: Computer Associates 2004 Annual Shareholders; Kerr-
McGee Schedules Interim Q3 Conference Call; Fed's Guynn speaks on
U.S. Economy to Paper, Pulp Executives; Raymond James Midwest Mini-
Conference...
Thu Aug 26th: Guidant Mid-Quarter Conference Call; Guidant to Host
Mid-Quarter Conference Call; Medtronic Annual Shareholder Meeting;
Novellus Systems Mid-Quarter Update
==============================
As of Oct. 1st the LasconeMarket Weekly Newsletter will have a
charge of $30 per year. For those who sign up before Sept 15th,  the
cost will be only a $20 Bill . I think you can afford that .You can
charge it to my paypal account ..   use the email : adLaguna@a o l . c o m

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
==============================

The above is a compilation of some of the best minds we have to
offer.

... GOOD LUCK MARKETTRADERS

The Dow Jones Industrial Average rose 10, the Nasdaq gained 4, and Big Board
winners and losers were in approximate balance. Volume of 1.1 billion shares
told of disinterest. For the week, the Dow rose 0.12 percent and the S&P 500
advanced 0.08 percent, while the Nasdaq fell 1.11 percent.

The ongoing saga of threats to the oil flows in Iraq, Russia and Venezuela was
supplemented by something as prosaic as a Mid-West refinery fire. Supply and
demand is so thinly drawn that any random event will be influential. We have
already seen the impact of record energy on the domestic economy. Friday,
Treasury Secretary Snow said global economies are slowing due, in large part, to
the cost of energy.

That brings us to the real shocker, a spurt in the June balance of trade deficit
to a record $55 billion from the May level of $46 billion. While crude oil
imports surged, U.S. exports fell sharply to Japan and Europe as those economies
began to falter.

Of course, consumer activity in the Southeast is being impacted by two
hurricanes that weighed on insurance and leisure-time stocks. Among insurance
stocks with exposure to Hurricane Charley, we had declines in American Int’l,
Allstate and Chubb. Disney fell after theme parks in Florida were closed.

The bond market advanced for a third day, extending a rally that began in
mid-June on growing signs of a faltering economy and a less aggressive Fed.
Yield on the 10-year note fell five basis points to 4.20%, close to a four month
low of 4.16%.

Energy stocks continued to roll along with the price of crude oil stocks like
ChevronTexaco gained as did refiners like Valero. Nabors rose in oil service.

Each Friday the market is hampered by investor unwillingness to take weekend
positions in a super-charged geopolitical environment. The fact that it was
Friday the 13th ,on the eve of the Olympics, next week is Options Expiration ,
followed by the Republican convention, and Christine of Bestrades was @ Del Mar,
should explain a little hesitancy on the part of traders.

----------------------------------------------


Weekly Gainers List :
Stocks over $5 posting the largest percentage gain over the last five sessions
include: HRT +37%, MICU +32%, CACC +30%, STMP +27%, RSTI +26%, HURC +25%, NYNY
+22%, LTYAR +22%, TRR +21%, LMRA +21%, DSCO +20%, FOSL +20%, ULGX +19%, IIVI
+19%, CURE +18%, MXT +18%, PSSI +18%, AFCE +17%

Weekly Losers List :
  Stocks over $5 posting the largest percentage loss over the last five sessions
include: QLTY -52%, PRTR -48%, CYBX -40%, VXGNE -36%, CYD -36%, NDC -34%, QADI
-32%, PSAI -30%, KLIC -28%, ECLG -27%, KONG -27%, DIGE -26%, PTEK -25%, PGNX
-25%, IMX -24%, LTON -24%, TEU -23%, IFS -23%, KDE -22%, ATEA -22%, TUTR -22%,
VLTS -21%, UNTD -21%
-------------------------------------------------------------
Now  U.S. crude has hit new highs for 10 out of the last 11 sessions.

BLACK GOLD : Crude closes at record high, up 6% for the week.

SAN FRANCISCO (CBS.MW) -- September crude closed at $46.58 a barrel in New York,
up $1.08 for the session, and up $2.63 for the week with traders wary of the
potential for developments in Iraq and Venezuela over the weekend to help or
hurt global oil production. Prices have now gained $8.75 a barrel in two months.
"We could be at $50 on Monday, or back to $40 -- it all depends on how all this
plays out," said Phil Flynn, a senior analyst at Alaron Trading in Chicago.
-------------------------------------------------------------
How the price of oil behaves will determine how strong or weak the retail sales
will be. The longer prices stay high,the more pervasive it will be in cascading
throughout the retail sector.
Chief Economist for wells fargo
-------------------------------------------------------------
Dow view from 1944 to 1946 here:
http://www.mrci.com/special/wdji46.asp
-------------------------------------------------------------
Having trouble with an attorney in California?
Call the State Bar of California  @ 1-800 843 9053
-------------------------------------------------------------
Merrill had its time ... but now its time has run out!

Two weeks ago it was Schwab ... This week I bitch about Merrill Lynch & Co. . I
remember during the last bubble craze saying ,"YOU would have to be nuts to pay
$200.00 round trip to Merrill .. when you could do the same trade with Schwab
for $60.00 round trip.. and even then Schwab was ripping you off. But when the
IPO craze started I needed to have an account at Merrill in Bev Hills (so I
could get so-called preferential treatment) And with preferential treatment you
might have a chance against the Monsters of Wall Street.

Sounded like a plan to me .... Things worked out OK    but I never saw the
profits I had envisioned. So over the years I have let that money sit there and
basically earn interest. This week I decided I wanted to put some of this money
to work in a REIT paying 5.7%( EQR)

When I called I was on hold for 15 min. To make a long story short , I asked
what was  the commission for 1k shares ...and was told it would come to over
$600.00 one way and another $600.00 to sell.

I asked, if I do the trade online would I get a better price?
They replied , No sir the way this account is structured the commission would be
the same.
Does Merrill know anything about Business?  I understand I'm spoiled by my
broker.... Interactive Brokers is a penny a share @ the most... I'm sorry ,this
is such robbery ... Just the idea of them doing that to some poor schmuk ...
That day I transfered the money from Merrill  ... and I hope you have the sense
to do the same. If you haven't already ...     Current price of Merrill stock is
around $48.50
-------------------------------------------------------------
Sentiment Numbers

This week the sentiment numbers showed very little change. The percent of Bulls
dropped to 48.4%, down from 48.9% a week ago. The percent of Bearish advisors
edged lower to 24.2 %, from 24.5%. Those Advisors expecting a Correction came in
this week at 27.4%, up on the week. So sentiment numbers remain bearish here,
but less so given the recent drop in the Bulls.

The AAII sentiment numbers, which polls investors as to what they believe will
be the direction of the stock market over the next six months, shows those
bullish at 30.99%, those bearish are now at 33.80%, and those neutral at 35.21%.
Remember, with all of our sentiment indicators, we consider them secondary in
importance.

-----------------------------------------------

Wall Street Advisors :

Richard Russell wants out. He recommends going to cash while leaving gold
positions unchanged. For the gutsy he would short the Spyders or the Diamonds.

  Dan Sullivan of the Chartist Newsletter reduced his exposure on July 29 and
retains a 54% invested position.

Doug Sandler, equity strategist for Wachovia, remains overweight on energy
contending the supply-demand relationship will keep prices high for an extensive
period of time. He likes  TOT and some oil service stocks like  BHI and NBR). He
would shift some industrials, favoring GE and UTX. And while he is not enamored
with big pharmaceuticals, he does like health care like Medtronics MDT and UNH
as well as CVH. Finally, he would favor apparel stocks like Liz Claiborne LIZ
and JNY.

------------------------------------------------------------
One technical indicator that is shaping up is specialist short sales. The
short-sale ratio fell on July 23 to its lowest level—22%—since at least 1943.
When the ratio has fallen below 35 in the years since 1943, stocks have often
rallied. Admittedly, the use of hedging and options has reduced the potency of
this indicator. But Ross Clark of Wood Gundy says the specialist shorts has
reached such comparatively low levels that it would take more than derivatives
to account for it. The ratio last launched a buy signal early last year, when
the S&P 500 was trading near 800. It then rose to 1160.
-------------------------------------------------------------------
REAL ESTATE:

Here’s a look at how home prices have risen in some of the world’s biggest
economies over the last 7 years.
Ireland 174% /  Spain 121%  /   Britain  116%  /  Australia   113%  / 
Netherlands  75%

---------------------------------------

WALL STREET HISTORY : 1982 Bull Run of the 1980s Begins

August 12, 1982 looked like hard times for Wall Street, as the DOW dropped to a
skimpy 776.92. However, the next day, the markets would kick off a heady
five-year run in which the DOW flirted with the 3000 point barrier. The Bull Run
of the '80's finally snapped in 1987 with a 500-point crash.

----------------------------------------

Analyst sees volatility, promise in rest of year

Further near-term volatility in the stock market would not be surprising, says
Dow Theory Forecasts newsletter  which has been in business since 1946. "But
with quality stocks available at reasonable prices and the primary trend bullish
under the Dow Theory, a constructive stance remains appropriate. One way or
another, a rotation to higher- quality stocks seems likely for the rest of 2004.
Our recommended cash position remains just 5 percent to 10 percent."

  For those that follow Dow Theory... currently both the DOW and the
Transportation Index are below the 50 and 200 dma. they remain bearish until the
transports move above the 200dma.
-----------------------------------------
The weaker dollar means U.S. investors can earn handsome returns from foreign
currency exposure in unhedged international bonds. "We're investing in the bonds
of developed countries that benefit from world growth and have yield advantages
over the U.S.," says Dan Fuss of Loomis Sayles Bond Fund. Specifically, Fuss
likes government bonds from Australia, Canada, Norway and Sweden, all yielding
0.7 to 3.3 percentage points more than U.S. Treasurys.
--------------------------------------------

Money Flow Data
Aug 11- Equity Fund Outflows -$1.25 Bil; Taxable Bond Fund Outflows -$215 Mil
------------------------------------------------------------
WEEK in REVIEW from C-NET

XP update unleashed  /  IPO circus  /  On the tube

http://tinyurl.com/6ucny
------------------------------------------------------------
Dividend stocks are coming back into favor. That's because tax rates on
common-stock dividends have been cut to 15 percent and also because dividend
payers hold up better in bear markets. Standard & Poor's recently screened its
entire database, looking for dividend "aristocrats," issues that have raised
their payouts at least 25 consecutive years. It identified 25 favorites, 10 of
which it rates five stars (highest) for appreciation potential in the next 12
months: Alltel, Anheuser-Busch, Automatic Data Processing, Gannett, Nucor,
PepsiCo, Pfizer, Procter & Gamble, U.S. Bancorp, Walgreens.
------------------------------------------------------------
Did you know that the Towing Industry is unregulated in the USA ?

These guys were clever ... they put 2 bills through congress. First  they took
all the regulation out of the hands of the state by passing a bill that made the
industry regulated by federal standards only .In 1994, at the request of the
towing industry, Congress exempted it from state and local regulations.  Then
they passed a bill that would stop all Federal regulations ..... What a country
!!
------------------------------------------------------------
Remodeling?

Don't get in over your head revamping your kitchen or adding a swimming pool.
Here are 6 questions to ask yourself before moving forward, plus the lowdown on
various financing options.

1. How much will this project cost? Before you borrow anything, have a firm idea
of how much you’ll need. Use contractor bids as your basic estimate, then add
10% to 20% for potential overruns.

2. Can I afford this? If you can barely afford the minimum payments on the loan,
you’re getting yourself in over your head. You also could be courting trouble if
you’re considering a home equity loan or line of credit but you have less than
20% equity in your home. You’ll wind up paying higher interest rates and
seriously depleting an important financial cushion for emergencies. If the
project itself isn’t an emergency repair, you may want to put it off until your
finances are in better shape.

3. What are my other financial obligations? Before you schedule any
non-essential home project, make sure your other financial bases are covered:
you’re saving enough for retirement and college, you’ve paid off all credit-card
debt and you have at least three months’ expenses saved in an emergency fund,
for example.

4. Will this project add value? Repairs don’t add value -- they simply preserve
what you’ve got. Many home improvements add some value, although you generally
won’t recoup more than 50% to 75% of what you spend. (For more on this, read
“The hidden financial truth about remodeling.”) The less value you’re adding,
the more you should consider waiting until you can pay cash -- unless, again,
you’re facing an emergency repair.

5. Can I pay back the loan quickly or will I need several years? The bigger the
project, the more likely you’ll need years, if not decades, to repay the loan.

6. What’s the worst that could happen? Today’s adjustable rates have almost
nowhere to go but up. If you’re taking out an adjustable mortgage or a home
equity line of credit with a variable rate, make sure you can afford the
payments if rates rise to the maximum level allowed under the loan. (Many home
equity lines of credit, which now average around 4%, can rise to 18% or more.)
If you can’t, consider a fixed-rate loan instead.
-------------------------------------

Q. Which of the following remodeling projects is most likely to provide the best
return when a homeowner decides to sell?
1. Additional Bathroom
2. Family Room Addition
3. Deck Addition
4. Kitchen Remodeling

ANSWER BELOW
-------------------------------------
It's the 30th anniversary of something Nixon did ..... lol

Were YOU on Nixon's Enemies List ??
You can do a search here:  http://tinyurl.com/486d9
-------------------------------------
9th Worst Stock Market Crash:

If the 1930s sounded like a long time ago, well to find the 9th worst market
crash, I had to go back to the WWI era.

As you will see, this market suffered about a 40% loss. It's difficult to break
even after a 40% loss. On a $1,000 investment, your portfolio went down to $600.
To get back to $1,000, it would have to go up 66.7%!

Date Started: 11/21/1916
Date Ended: 12/19/1917

Total Days: 393
Starting DJIA: 110.15
Ending DJIA: 65.95
Total Loss: -40.1%

------------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"

bloomie:  so Vu, what are your positions?   lindisfarne: mainly lotus

TheLascone :  I heard AL-SADR took on some shrapnel earlier today ... Word on
the street is he is now asking US for a Purple Heart ... lol

chartist1: The KMRT real-estate value chatter appears to be based on a Deutsche
note highlighting stocks that trade at significant discounts to their potential
real estate net asset values. In KMRT's case, firm shows low NAV/share est at
$81.49-$152.95..

ballpark: mini lobster season is expensive on gas prices, limit on six lobsters,
id rather buy them at fish store.

Market Vu: Cisco Systems: initial negative reaction being attributed to
combination of slight miss on gross margins and increase in inventories.

Joe Black5:   If a seller wants you to buy his product he first talks it up to
get you to buy   sp is the same.


TLochner:  when smh and sox break the dec 2 highs of 2002 ... the bear is back
for sure.


Come visit the daily trading room  http://www.themarketvushow.com/   If YOU
trade Futures and you are not trading with the knowledge of where VALUE is and
what happens @ certain Price Points.... I have seen it before you sit there as
the market keeps going ....YOU are MISSING the BOAT... These are basics that are
taught on The Market Vu Show.
------------------------------
Here are the top 5 environmentally friendly cars for 2004, according to the
American Council for an Energy-Efficient Economy. The list shows the car model
and its city and highway mph rating.
1. Honda Civic GX* 1.7L 4, (natural gas) 30 34
2. Honda INSIGHT 1.0L 3, 57 56
3. Toyota Prius 1.5L 4, 60 51
4. Honda Civic Hybrid 1.3L 4, 47 48
5. Toyota Echo 1.5L 4, 35 43

------------------------------
U of OKLAHOMA students intern on WallStreet :
http://www.oudaily.com/vnews/display.v/ART/2004/07/07/40eb6a37c5131
------------------------------
Which of the following remodeling projects is most likely to provide the best
return when a homeowner decides to sell?

57% answered Kitchen Remodeling   30% answered Additional Bathroom

The correct answer is: Deck Addition
According to a 2003 report issued by Remodeling Magazine  a deck addition is
most likely to generate the best return for a homeowner when you compare the
cost-to-construct with the added resale value of the remodeling work. Adding a
deck returned, on average, 104.2%.  Other high return home improvement projects
include siding replacements (+98.1%), mid-range bathroom additions (+84.3%) and
new attic bedrooms (+92.8%).
------------------------------
As of Oct. 1st the LasconeMarket Weekly Newsletter will have a charge of $30 per
year. For those who sign up before Sept 15th,  the cost will be only a $20 Bill
. I think you can afford that .You can charge it to my paypal account ..  (
adLaguna@... )  or you can just hand me a $20 bill the next time you see me
Chief .. lol

With PayPal, you can send money to anyone with an email address by simply
signing up for a PayPal account. When you are logged into your account, click
the Send Money tab. Then enter your recipient's email address and the amount you
would like to send. With PayPal you can send payments in Canadian Dollars, U.S.
Dollars, Euros, Pounds Sterling, and Yen. http://www.paypal.com
------------------------------
Earnings Preview for week of Aug 16th-21st :
Mon Aug 16th: LOW, SYY, KMRT...
Tue Aug 17th: BJ, DE, HD, JCP, SPLS, TJX, AMAT, BGP...
Wed Aug 18th: BLI, ROST, BRCD, CAI, INTU, LDG, MDT, NT, PETC...
Thu Aug 19th: BKS, HRL, LTD, NAV, FL, GPS, JWN, NOVL, CRM
------------------------------
Events for the week of August 16th-21st include:
Mon Aug 16th:HP World 2004 Solutions and Technology Conference & Expo...
Tue Aug 17th: FLIR Systems, Inc. Analyst Meeting; Countrywide Financial
Corporation Shareholders Meeting; Credit Suisse First Boston Small Cap IT
Services Conference; CJS Securities Fourth Annual Summer "New Ideas" Small Cap
Investor Conference...
Thu Aug 19th: Manugistics, Inc. Annual Shareholders Meeting; SEMI Book-to-Bill
Report
==============================
We hope all our friends in Florida are ok.....
The above is a compilation of some of the best minds we have to offer.

... GOOD LUCK MARKETTRADERS

Smart investors didn't need to wait to see 2004 lows before taking
safe haven in cash. The market began sending caution flares in the
form of  distribution days as early as June 9th. A few weeks ago I
had mentioned how I had expected a 2 week rally out of oversold
conditions. This never happened and it signaled me to start being
defensive. You see , heavy selling on July 6,8,and 14th, was a clear
signal that the May rally was in dire trouble.

Friday's rise of 32,000 in July non-farm payrolls against the
consensus estimate of 240,000 sent stocks sharply lower.  By the
final hour investors reviewed a troubled geopolitical landscape with
stepped up fighting in Iraq and decided to go home light.

The S&P 500 had its seventh weekly drop in eight, shedding 3.4
percent. The S&P 500 fell 3.2 percent over Thursday and Friday, the
biggest two-day slide since March 10-11, 2003, when stocks bottomed
last year. Since last Friday, the Dow average declined 3.2 percent.

The winner in the presidential election is largely unknown , and the
stock market doesn't like the unknown, as you can see. Friday's
session was essentially an extension of  Thursday's - where losses
were huge and no sector was immune.. The Dow Jones Industrial
Average fell 147, while the Nasdaq lost 44.
For the week the DOW lost 324 points and the Nasdaq lost 110 points.
Interestingly, the ratio of Big Board losers to winners was not as dramatic and
that reflects the interest-rate sensitive nature of so many Big Board-listed
stocks. Because if there was one market that rallied today it was
the bond market where prospects for a tightening Fed has been
diminished.

The Fed Fund Futures took out much of the certainty previously
priced in, with the expectations for Tuesday's understood 25 basis
point hike dropping to 90% with an anticipated added 25 in September
slipping to 36%. "Are we headed into stagnation?" asked one trade-
lifer, "is this going to be a do-over of the 1970's, with soaring
energy prices and costs and low employment," before saying "I don't
know, but it sure is something to think about." Far a field as that
view may be, players had reason to consider that data and revise
expectations on how the Federal Reserve will tinker with rates down
the road. "They can't hold on Tuesday," is a general feeling, with
one dealer noting, "they have to move in August, now September
meeting...maybe they don't raise rates." The yield on the 10-year
note fell 18 basis points to 4.22%.

Employment service stocks like Manpower and Monster were hard-hit as
were payroll companies like Automatic Data and Paychex. Prospects
for economic slowdown hit the metal stocks with U.S. Steel and
Phelps Dodge under pressure. Technology was weak across the board
from computers to semiconductors to software. Bucking the downtrend
were rate-sensitive areas like homebuilders, real estate investment
trusts and utilities.

Gold itself benefited from the tumble in the dollar versus the yen
and euro off the global interest rate differential. Moving to its
best level since late July.

----------------------------------------------------------

A few weeks ago i stated that I had done a swingtrade with MO. The
way I had spotted it was I looked for a strong stock in a weak
market . On Friday, I did the same kind of trade. The market had
been down over 100 points on Thursday and was going down over 100
points again Friday. One of the stocks I watch is CME . It started
the day in the red .... but quickly turned around and started to
rally. I got a point on the long side on a day when most other
stocks were down and advance/decline figures were 2 to 1 to the
downside.. Try this method next time we drop sharply. You get these
bounces because , Who do you think was buying when the public
paniced out?

------------------------------------------------------------

THE PRICE OF OIL

USA Today sums up the factors driving oil. There are geopolitics,
including sabotage in Iraq, the Yukos dispute, supply disruptions in
Venezuela and Nigeria, and labor unrest in Norway. There is rising
demand from new economic powers like China and India. There are
refinery constraints due to tougher environmental standards. And
there is speculation with hedge funds now accounting for close to
10% of daily activity.

Friday, Crude oil futures fell after reaching a record intra-day
high. Crude touched $44.77 overnight and then closed down 51 cents
to $43.90. Some observers said prospects for a slowing economy might
slow demand.

---------------------------------------------------------
McClellan Report :

Tom McClellan has been doing a great job calling market turns
lately. He is Bearish Short Term as long as the Dow is below 10123
and sees the next low coming between Aug. 23 and 26th.
------------------------------------------------------------

Weekly Gainers List :

  Stocks over $5 posting the largest percentage gain over the last
five sessions include: RIGL +44%, IST +42%, FLB +33%, UTHR +25%, COX
+20%, DOVP +19%, UVN +17%, GVA +16%, RATE +16%, KOSP +15%, TS +13%,
PCR +13%, PGTV +12%, HANS +12%, BCS +10%, AMED +10%

Weekly Losers List :

  Stocks over $5 posting the largest percentage loss over the last
five sessions include: COCO -44%, LGND -42%, BCSI -41%, NKTR -41%,
OATS -40%, NVDA -37%, DTSI -34%, ARBA -32%, GB -31%, ECLG -30%,
CIEN -28%, UNTD -28%, ANIK -28%, MALL -27%, SHRP -25%, MDCO -24%,
VLCCF -24%, NAT -23%, PCLN -23%, HLYW -22%, TSO -22%, NVH -21%

------------------------------------------------------------

  Going to the sidelines?

Scott Barbee of Aegis Value has 55% cash as he searches for stocks
selling at a discount to tangible book value.

  Robert Rodriguez of FPA Capital is up to 37% cash as his screen
finds only 100 stocks out of 10,000 worthy of consideration.

Yacktman Funds holds 30% cash and Clipper Fund is 26%. Of course, a
falling market and rising cash is always tempting but all in good
time.

------------------------------------------------------------

Google's delaying its IPO for a week claiming that they need to iron
out some kinks in the process.  Could it be that the real reason is
that they didn't want to launch in what they perceive to currently
be a negative market environment ? Or is it that Google might have
illegally issued shares to workers.  Google spooked investors this
week after disclosing it might have illegally issued shares worth as
much as $3.1 billion to current and former employees, a week ahead
of its hotly anticipated initial public offering. The admission was
made in a filing with the Securities and Exchange Commission.

-----------------------------------------------------------
Can you keep a secret?  http://tinyurl.com/4f7xe

-----------------------------------------------------------
Trade Prospector calls for :

Macro view - Barring exogenous impacts, still looking for overall
modest growth of the economy to continue this year.

Biggest needs: the dollar needs to regain upward mobility and we
need to see more signs of real job creation.

Biggest risks: the combination of the enormous consumer debit
burden, rapidly escalating Federal budget deficit and total debt,
and continued high key commodity prices could end up eventually
causing an implosion longer term.

---------------------------------------------------------
Joe Battipaglia, strategist for Ryan Beck, tells Business Week that
he is maintaining his bullish stance. He sees the chance for the S&P
500 to reach 1300 one year from now. Basically, investors have
chosen to low key earnings while being dominated by oil, the
election and terrorism threats. He says if we look at the fair value
range for the S&P 500 and the equity risk premium that is built into
stock prices, he finds the market is essentially at a point it was
prior to the invasion of Iraq in March of 2003. That turned out to
be a strong inflection point and he sees something similar
developing. His top picks include Alderwoods, Centennial
Communications, Neiman Marcus, Planar Systems, Ingram Micro, Hewlett
Packard, Johnson & Johnson and Weingarten Realty.
--------------------------------------
Check a Broker/Dealer Firm or Individual through NASD BrokerCheck
NASD does not charge for this service  http://pdpi.nasdr.com/PDPI/
----------------------------------------------------------
Valuations aren't on bulls' side, analyst says
We have a tough time believing that a bull market is starting with
valuations at these levels," says Merrill Lynch's chief U.S.
strategist, Richard Bernstein. "After the strongest expansion in
profitability, from trough to peak, in the postwar era, the market's
P/E is still in the 20s. And now we have the added problem that even
the biggest bulls forecast slower growth going forward."
------------------------------------------------------------
Big Money-Savers
Saving money, alas, usually means sacrifice: wearing that tattered
coat another year, turning down the thermostat. That's why most of
us can't shake the spending habit. So here are some relatively
painless ways to rack up big savings over a roughly five-year period.

1. How low can you go with your credit-card rate? Switch to a credit
card with a lower interest rate. At the typical 13.5% rate with a
revolving balance of $8,000, you'll owe $4,207 in interest over five
years. Do you have good credit? Switch to a card charging 6% and
you'll pay just $1,589 in interest. Savings: $2,618

2. Switch to no-fee credit cards. The typical annual fee for a low-
interest credit card is $75, and most folks have at least two cards.
Unless you're paying for rewards or a super-low rate that offsets
the fee, call and ask your card company to drop the fee. If it
doesn't, switch cards. Savings: $750.

3. Be green and save green. A typical middle- to upper-class
American family spends about $2,000 a year to heat and cool a home.
So the next time you have to replace your furnace, cooling system or
refrigerator, think green. An energy-efficient furnace may cost $500
more than an ordinary one, but will save as much as $1,950 in
heating bills over five years. Savings: $3,350

4. Check your home equity. Most people pay private mortgage
insurance if they put down less than 20%, and continue paying it
until they've paid the mortgage down to 80%. But how to calculate
that mark? Banks usually consider only the purchase price when
deciding that you can stop paying, but you may hit the 20% sooner if
your home's value goes up. Say you have a $300,000 loan at 6% on a
$350,000 home appreciating 5% a year. You'd be able to stop your
private mortgage insurance -- roughly $1,600 a year -- after just
two years. Savings: $4,800

5. Go satellite. Satellite-television service operators have been
aggressively pricing even their most basic services. With DirecTV,
you can get the same 175 channels that cable offers for about $35 a
month less. Savings: $2,100

--------------------------------------------------

FCC: Net Phone Calls Must Be Able to Be Tapped

VoIP service is likely to replace much traditional phone service
over the coming years. The Justice Department, FBI and Drug
Enforcement Administration have argued that they must be able to
monitor suspicious calls no matter how they are made.

http://tinyurl.com/64wq4

--------------------------------------------------

Want a fair deal?

Everything from borrowers' creditworthiness to the specifics of
their loan needs - even shady lending practices – can make it
tough
for consumers to shop for the best mortgage deal.

This Web site will take a borrower's financial profile, grab the
needed credit histories, then share the loan details anonymously
with various lenders for their review.  This will give consumers
true, actionable loan bids – exact mortgage terms based on
detailed
information, not just rates based on often incorrect assumptions.
www.mortgagegrader.com

----------------------------------------------------------------
IS YOURS a candy bar, a clamshell, a jack-knife or a taco ?

We are talking, of course, about mobile phones. Sony Ericsson, , has
championed a clever new shape, called the swivel or jack-knife
style, in camera-phones The new model can download music videos,and
proform video calls , where both parties cane see each other. Below
are some of the newest cellphones being made :
http://www.economist.com/images/20040612/2304TQMOB2.jpg
----------------------------------------------------------------

SENTIMENT is an emotion.

   It doesn't always reflect reality and like any emotion, can change
quickly in the opposite
direction and bite you, or continue to levels unimagined (bullish
and bearish). Judging or analyzing sentiment is analogous to petting
a unfamiliar dog.

You probably heard the joke about the guy named Jerry that walks
up to another guy named Jim, looks down at the dog sitting beside
Jim, and Jerry asks, "does your dog bite?"  Jim says, "nope."
Jerry then reaches down to pet the dog, and gets his hand bitten
by the dog.

"I thought you said your dog doesn't bite!" screams Jerry.  Jim
smiles and says, "That's not my dog."

---------------------------------------------------------------

Despite this high-growth environment, Kiplinger's Personal Finance
Magazine (1729 H St. NW, Washington, D.C. 20006) has a penchant for
funds specializing in "unnoticed or out-of-favor stocks selling for
low prices." It recently asked five editors to name their favorite
such fund. Each came up with a different fund. All will let you in
the door for $1,500 or less: Artisan International Small Cap,
Meridian Value, Muhlenkamp, Oakmark Fund, Third Avenue Value.
-----------------------------------------------------------
10th Worst Stock Market Crash:
Date Started: 9/7/1932 / Date Ended: 2/27/1933

Total Days: 173
Starting DJIA: 79.93
Ending DJIA: 50.16
Total Loss: -37.2%


-----------------------------------------------------------
As Heard & Seen in The Market Vu Show's "InnerVu"

LR743:  Quote from Bernard Baruch, "I don't care to pick the highs
and lows. I just want the 60% that's in the middle".

makesalotocents: trading is "visual"
NOT "intellectual".............. keep ur chin up...............
pound da market.....That's when guys blow up- Either overtrading, or
trying to make up for losses.

sonnybronson:  If a billion chinese ride a moped it will be $80 a
barrel, if a billion indians indians mow their grass it will hit a
hundred.

Thelascone: as the BEATLES said , " Life is very short and there's
no tiiiiiiiiiime , for fussing and fighting my friends "

MarketWizerd:  You have to Speculate to Accumulate.

Come visit the daily trading room  http://www.themarketvushow.com/
or in the Business & Finance group on Paltalk. If YOU are not making
money ... WE can show you how.

-----------------------------
Financial Planner - A guy who actually remembers his wallet when he
runs To the 7-11 for toilet paper and cigarettes.

Market Correction - The day after you buy stocks.

------------------------------
How to toot your own horn
For most people, self-promotion is about as comfortable as having a
root canal. They either avoid bragging at all costs because they
don't know how to do it gracefully, or attempt to sell themselves
like a PowerPoint presentation. Here's how to sell yourself without
sounding and feeling like a walking billboard:

1. – Overcome the self-promotion myths that hold you back. Myths
like, "A job well-done speaks for itself"; "Good girls don't brag";
or "Others will do it for me." If you don't self-promote, you won't
get promoted.

2. – Learn the art of the "brag." The secret is to describe your
accomplishments with an interesting anecdote. Telling a short story
is far more compelling than rattling off accomplishments in laundry-
list fashion. To create a "bragologue" and find out what makes you
memorable.

3. – Be enthusiastic. If you don't sound excited about your
achievements, how can you expect others to be?
4. – Move from we to me. Acknowledge the importance of teamwork
and
what you learned, then move on to describe your contributions to the
group project.

5. – Accept the praise. Instead of deflecting compliments, smile,
make eye contact, then say, "Thanks. Coming from you that really
means a lot." You'll be taking the compliment graciously while
flattering its sender at the same time.

------------------------------
Ross King wanted a research assistant who would work 24/7 without
sleep or food. So he built one.
http://www.wired.com/wired/archive/12.08/robot.html
------------------------------
MORE WIFI : Boingo brings Wi-Fi to Olympics

Boingo Wireless will work with Greek Internet service provider
OTEnet to set up a dozen Wi-Fi hot spots at airports, hotels and
conference centers in Athens during the upcoming Summer Olympics.
The hot-spot service, called OnWireless, will be available to
customers of all Boingo's carrier partners, including EarthLink,
Fiberlink, Infonet Services and Telecom Italia, for no extra charge.
The roaming network also will be available to non-subscribers for
$7.95 per day.
  ---------------------------------------------------------------
The bull market in gold should continue, says Stock Traders Almanac
Investor newsletter. "Gold thrives on inflation and fear. This time
it's also a question of supply and demand, a vanishing U.S. dollar,
and enormous trade and federal budget deficits for which any
solutions seem remote. As Americans continue to live beyond their
means, dollars pile up overseas and some are invariably converted to
gold."

------------------------------
As of Oct. 1st the LasconeMarket Weekly Newsletter will have a
charge of $30 a year. For those who signup before Sept 15th. The
cost will be only a $20 Bill . I think you can afford that .You can
charge it to my paypal account ..  ( adLaguna@... )  or you can
just hand me a $20 the next time you see me Chief .. lol

With PayPal, you can send money to anyone with an email address by
simply signing up for a PayPal account. When you are logged into
your account, click the Send Money tab. Then enter your recipient's
email address and the amount you would like to send. With PayPal you
can send payments in Canadian Dollars, U.S. Dollars, Euros, Pounds
Sterling, and Yen. http://www.paypal.com
------------------------------
Companies reporting earnings the week of Aug 9th-13th include:

Mon Aug 9th: CVC, CHTR, ADRX, LZB, MDR...
Tue Aug 10th: DKHR, DISH, MAY, SCHS, ANF, CSCO, CSC, DIS...
Wed Aug 11th: RMK, EAT, FD, AVT, FOX, NWS...
Thu Aug 12th: TGT, WMT,A, ADI, DELL, KSS...
------------------------------
Events for the week of Aug 9th-13th include:

  Mon Aug 9th: TDWI World Conference (starts 8/8); Pacific Crest 2004
Technology Forum (8/8)...

Tue Aug 10th: Mr. Greenspan pays us a visit... FOMC policy
announcement...

Wed Aug 11th: CIBC Fourth Annual Enterprise Software Conference; AG
Edwards Soundview; Schwab Soundview 2004 Semiconductor Conference...

Thu Aug 12th: FOMC minutes released....

Fri Aug 13th: The start of the Summer Olympics.  This has been cited
as a potential target by several terrorist organizations, and a
homemade bomb that exploded in a tiolet near Athens on Wednesday
probably has not helped matters.
==============================

The above is a compilation of some of the best minds we have to
offer.

... GOOD LUCK MARKETTRADERS

Crude oil is 41% higher than a year ago, and T. Boone Pickens says
we are more likely to see $50.00 before we see $30.00. On,
Friday,Crude oil closed at a record high for the second time this
week, up 71 cents to $43.46 and chit chat about $45 oil made the
rounds. The translation into higher gasoline prices and lower
consumer spending could be seen in today's report on
second-quarter
GDP. The 3% rise was below expectations and could be attributed in
part to a sharp fall off in second quarter consumer spending,
largely the result of higher motoring costs.

The Dow Jones Industrial Average rose 10 while the Nasdaq rose 6.
Big Board winners outpaced losers by a sizeable margin but volume
contracted to 1.2 billion shares. For the month, the Dow fell 3%,
the S&P 4 %, while the Nasdaq lost 8%
Needless to say, energy stocks dominated the new high list with
ChevronTexaco, BP Corp. and Imperial Oil making the list. Steel
stocks continued to improve with new highs for Nucor and Olympic
Steel. Krispy Kreme made the new low list along with airlines like
Mesa and tech stocks like Conexant and Ustarcom.

Brokers were soft as numbers came down for Goldman Sachs, which fell
over a point. Merrill and Morgan also slipped.Bonds improved on the
soft economic data on the premise a cooling economy means a measured
monetary policy. Yield on the 10-year note fell 10 basis points to
4.48%

  Well we got through July, but now we head into August, historically
one of the worst months of the market year.

------------------------------------------------------------
Weekly Percentage Gainers :
  Stock over $5 posting the largest percentage gain over the last
five sessions include: TWTI +60%, INTT +59%, INGN +54%, GLBCE +45%,
SAPE +43%, MTZ +42%, CKCM +39%, AGYS +38%, DTPI +37%, INSP +33%,
TTMI +33%, DIOD +33%, AMXC +32%, AIRT +31%, CRS +29%, IFLO +28%,
TRMB +28%, KRON +28%, CLF +28%. DDIC +25%, NANO +24%, SFNT +24%,
ZEUS +24%, ATEA +24%, WBSN +23%
------------------------------------------------------------
Microsoft released a patch Friday to halt the spread of a computer
virus that can steal personal information, more than a month after
the virus began winding its way through the Internet. For more
information, go to www.microsoft.com/ security  .
------------------------------------------------------------
Got something up your sleeve?

GIANT SEMI firm Infineon has delivered on its threat to produce
wearable computer systems by announcing the introduction of a Rosner
combo MP3 Bluetooth jacket which includes just that! Call
it `technologically progressive, fashion conscious men' the
firm
informed that it will be available for sale in just a week or so.

The `MP3blue' jacket is made of woven electrically conducive
fabric
connecting to a textile keyboard on the left sleeve, to headphones,
and to a microphone built into the collar. The memory module built
into the jacket has 128MB of memory, a Bluetooth gateway for mobile
phones, and a rechargeable eight hour battery.

When a `fashion conscious man' who wants to make a phone
call, the
stereo system becomes a headset and the music pauses. Washing is not
a problem unless you forget to take the electronics module out of
its holder. The company Infineon stated that it is very optimistic
about electronic clothes.
------------------------------------------------------------
Right now COMPANIES are out there buying up the rights to
WIFI  .......  I think these rights belong to the people.

Airports have roaming agreements now for their FreedomLink users
onto Concourse, Wise, Wayport, and (reportedly) Sprint PCS's
airport
locations. There are only a handful of major airports not
represented by those networks: SFO and Boston Logan are the two that
come to mind.
I always thought free WIFI would be good marketing for a business.
When I stay @ Marriott , I get free broadband 24 hours a day. If you
are a futures trader thats a real plus. But as I go across the
country I have been very disappointed by the WIFI hotspots I have
visited. Whether its @ an Airport . Starbucks ,Train station,
McDonalds etc ...THESE HOTSPOTS AREN'T FREE !! I would hope that in
the future These businesses would see all the benefits they could
recieve by attracting consumers with free WIFI.
  http://www.wi-fihotspotlist.com/

What has gotten into me? I must have watched too many liberals @ the
convention this week ... lol
------------------------------------------------------------------
Investor's Business Daily describes the anatomy of a follow
through.
After an extensive decline, any up day constitutes Day One of the
attempted rally. The next two sessions don't need to show much in
the way of gains so long as it does not undermine Day One. For a
follow through to occur, you need it to land between Day 4 and Day
7. On any one of those days, you are looking for one or more of the
major indices to rise 1.7% in higher volume than the previous day.
This would be sometime from this  Monday thru Thrusday
------------------------------------------------------------------
Mutual Fund Money Flow
Jul 28- Equity Fund Outflows -$187 Mil; Taxable Bond Fund Outflows -
$526 Mil
-----------------------------------------------------------------
The bottom line remains encouraging.

Joe Carson, research chief for Alliance Capital, says we are in one
of the strongest profit cycles ever. Pre-tax profits as a share of
GDP rose from a cycle low of 7% in the third quarter of 2001 to
10.7% in the fourth quarter of 2003. That is the highest since the
second quarter of 1968. Companies have huge operating leverage and
strong productivity.
------------------------------------------------------------------
Ned Davis Research notes that Fed Chairman Greenspan believes the
recent pause in the economy will be short-lived. He says two
indicators lend support. He says a narrowing yield spread indicates
improving economic conditions. When the spread has fallen 40 basis
points or more from a year ago, as is the present case, the economy
has expanded. He also says his work on jobs suggests the weak June
payroll number was an aberration.

---------------------------------------------------------------------
-------------------

There's an old saying, "the market hates uncertainty," and
there's clearly some mixed messages coming from the markets at
this point in time.  With polls showing nearly a dead heat
between Bush and Kerry, there are great differences between
current policy and those that have been discussed by the Kerry
camp.
==========================


Don't forget Sept and Oct are two of worst months of the year on a
historical basis. Unfortunately August has been the worst month for
the last 15 years on the Dow and SPX and second worst on the Nasdaq.
While September and October are remembered for major bottoms August
is just remembered for being down. Over the last seven years the
markets have averaged a -4% lost in the last five days of the month.
Add in the August event risk and the odds are good any post
Democratic convention rebound will not be earth shaking.
-------------------------------------------------------
Market theorists will say the Transports give important insight to
the strength/weakness of an ECONOMY.It has been strong. Meanwhile,
the Securities Broker Dealer Index  which market theorist's say give
important insight to strength/weakness of the equity markets, has
been weak.

Conclusions: MARKET SENTIMENT IS NEGATIVE.  ECONOMY IS STRONG and
GROWING.
--------------------------------------
Incumbent presidents have run for re-election 12 times in the past
100 years, observes Stock Traders Almanac newsletter. "When they
were re-elected, the Dow gained 7.4 percent that year, vs. 0.9
percent when they lost. But eight market tops have also occurred
during election years since the Depression, most recently in 2000 -
although signs of an economic recovery are clearer now than they
were that year."
-------------------------------------
I have mentioned in the newsletter that i am building a position in
WYNN. They are not only building a new casino on the Vegas strip,
but also  in Maccau. So this story caught my eye this week.
If you are investing in Macau, you would be right to keep an eye out
for Mr. Wong!
Word out of Macau last week focused on a notorious casino cheat
known as "Wong" who had bilked Sheldon Adelson's Sand's Macau out of
nearly $4 million while playing blackjack. According to Maccau
authorities, "Wong" was arrested and was subsequently released "
because of insufficient evidence.
--------------------------------------

The Typewriter is 175 years old.

It's ironic that in the PC age we're still stuck with the qwerty
keyboard layout, which was designed in the 1870s to keep a
typewriter's keys from jamming by intentionally placing the keys
were they could not be struck in rapid succession. Countless cases
of RSI later, Qwerty lives on in billions of PC keyboards and Palm
Treos. http://www.xpertkeyboard.com/history.htm
----------------------------------------------------------
So, where are rates going? A Bloomberg survey of primary government
bond dealers finds 18 of 22 believe the Fed funds target will be 2%
or more by year-end. In mid-June, 14 were forecasting 2%. Forecasts
for 2005 range from 2% at Dresdner Kleinwort to between 4.5% and 5%
at BNP Paribas. Brian Fabbri, economist for BNP Paribas, says
inflation will accelerate more than central bankers expect.
----------------------------------------------------------
Government programs such as MATRIX and Carnivore are destroying our
privacy. We live in a democratic society and government-controlled
data systems are a dangerous step toward establishing a 24-hour
surveillance society. Here is a good example:
http://www.aclu.org/pizza/
----------------------------------------------------------
So how do you know if you, a loved one, or someone who reports to
you is suffering from Job burnout? Here are the early-warning signs.

1. chronic fatigue - exhaustion, tiredness, a sense of being
physically run down
2. anger at those making demands
3. self-criticism for putting up with the demands
4. cynicism, negativity, and irritability
5. a sense of being besieged
6. exploding easily at seemingly inconsequential things
7. frequent headaches and gastrointestinal disturbances
8. weight loss or gain
9. sleeplessness and depression
10. shortness of breath
11. suspiciousness
12. feelings of helplessness
13. increased degree of risk taking

-----------------------------------------------------------------

Standard & Poor's regularly uses sophisticated financial screens to
uncover what it calls "Warren Buffett stocks," issues that score
high in terms of free cash flow, net profit margins, retained
earnings, liquidity and valuation. S&P recently identified 34 such
issues. A surprising seven had the extra appeal of dividend yields
higher than the general market's: AstraZeneca, Citigroup,
GlaxoSmithKline, Johnson & Johnson, Manufactured Home Communities,
Nuveen Investments, Occidental Petroleum.
-------------------------------------------------------------
Better to be lucky than to be right ....
http://tinyurl.com/6dqgj
-------------------------------------------------------------
Majority of recalled items not returned

Consumers never turn in almost one-third of recalled vehicles, more
than half of toys, electronics and other household products, and
three-fourths of child-safety seats for cars, partly because
companies don't adequately inform consumers about product hazards.

Overall, there were about 5,000 recalls last year, the bulk of them
covering food, medical devices, cosmetics and drug products. Many
such recalls involve food products. Of the 5,000 recalls last year,
529 involved vehicles, tires and child- safety seats, and 280 were
for household products.

---------------------------------------------------------

As Heard & Seen in The Market Vu Show's "InnerVu"

fROSTY:  i had some stocks that were such dogs... even after i sold
em, you could still hear  them barking in the next guys porfolio....
NightTrader-: yea did ya hear about MRS HEINZ telling that reporter
to SHOVE IT???? ahahahahaha

lindisfarne:  Rising oil prices will certainly ensure the "recovery"
is going to take longer than expected which means interest rates may
hold instead of rising.

BuckMadison: Gary runs a 3 card monty deal in front of his office on
slow days.

Joe Black5: I paid alot of money to man they call coyote to bring me
across the border now I can get free medical and free food and
houseing, I so glad to be here.

TLochner:  the only thing msft is going to do is giv\e away a divend
to its shareholders ... especially bill gates who gets tax free
dividend income of his prtion of the 30billion they are giving out.
that is the biggest rip off of the american taxpayer.

Come visit the daily trading room  http://www.themarketvushow.com/
------------------------------
The Bollinger Bandwidth indicator can be used as an alert to a
potential trade, as well as a warning that it is too late to enter a
trade. Low bandwidth readings generally precede nice trend runs.
High bandwidth readings, especially if the bandwidth has peaked and
is rolling over, signal that the trend has likely ran its course.
You can use the Bollinger Bandwidth indicator as a preliminary step
in conjunction with your favorite oscillators or price patterns.
http://tinyurl.com/52qsj
------------------------------
Google began taking bids Friday for the public auction process it
will use to sell as much as $3.3 billion in shares for its planned
offering in mid-August. Check out www.ipo.google.com  .
------------------------------
How many dead LCD pixels are OK on a screen?

TOSHIBA EUROPE has a warning on a page advertising its Satellite M30-
901 notebook, which says that "small bright spots" which may appear
on notebook screens are things you have to live with. These are
defective pixels, and Toshiba is right to point out that it's
inevitable some elements in high tech screens fail. Tpshiba says
that a screen on a 14-inch notebook may contain .8 million pixels
and as many as 2.3 million sub pixels. CRT monitors also have faults
caused by dust inside the tube, but are usually far less noticeable
because of the resolutions and luminance involved.
Still, when you buy a new Maserati as i'm sure all MarketTraders
readers do from time to time, just the presence of a scratch on the
bodywork probably irritates the heck out of you. Unfortunately, as
Toshiba says, for flat panels some tiny defects are normal. Maybe
they shouldnt chage so much for flatscreens.  .....

------------------------------
New Mint Flavored Birth Control Pill

  The Cadbury's Candy Co. and Merck Drug Co.  have combined to market
the new Mint flavored
   birth control pill that women may take immediately before sex. The
Pill will be distributed by the larger  major drug store chains and
Wal-Mart's Pharmacies.

  They're going to be called....    "Pre-dick-a-mints."  .....    Thx
cade
------------------------------
Referring to last weeks lead article "SCHWAB"

This week Schwab shut down 53 offices and laid off 245 more workers.
Hey Schwab? If you had lowered your high commissions years ago, you
wouldn't be in this kind of trouble!
------------------------------
Companies releasing earnings reports for the week of Aug 2nd-6th
include:
Mon Aug 2nd: ETR, FHCC, PG, RJR, SPW, UCL, FTI, MTW, PCLN, PFG...
Tue Aug 3rd: CZN, EMR, EXPD, HNT, MSO, PFGC, Q, THC, TEVA, TYC, VSH,
ALO, IACI, PRU, VSAT...
Wed Aug 4th: ANF, CI, CVS, MAS, ORBZ, TTN, AOC, RRD, KIND, UNTD,
UNM, WWCA...
Thu Aug 5th: AL, CPN, CHINA, CLX, DF, DVN, GT, IPG, OHP, SLE, XMSR,
DTV, ESPD, MGA, MCIP, HLTH...
Fri Aug 6th: CNP, TBUS...
------------------------------
  Events and Conferences for the week of August 2nd-6th include:
  Mon Aug 2nd: RBC Tech Conference (begins Aug 1st); LinuxWorld
Conference & Expo; America's Growth Capital Software & Business
Services Conference...
Tue Aug 3rd: Adams, Harkness & Hill Annual Summer Seminar...
Thu Aug 5th: World Shoe Association Show...
==============================

The above is a compilation of some of the best minds we have to
offer.

... GOOD LUCK MARKETTRADERS

To be frank about it, After I thought stocks would rally .... July
has been a lousy month for stocks. As of Friday, the Dow Jones
industrials are down 2.2% for the month with only 9 of the 30 stocks
higher for the month. The Nasdaq Composite  down 6.9%, continued to
set a yearly low.It is off 300 points from its January peaks ; the
Standard & Poor's 500 is down 3.1%.

On Friday the Dow fell 88, the Nasdaq lost 39, and Big Board losers
outpaced winners by 2 to 1. Volume tailed off from the prior two
sessions as traders headed to the exits early.

Bucking the downtrend were the regional phone stocks, helped along
by UBS sponsorship. Verizon, BellSouth and SBC Communications
improved. Engine giant Cummins gained five on favorable results
while Fortune Brands gained two. But the high valuation Internet
stocks were roughed up with Amazon down six.

Gold stocks slipped as the yellow metal fell to a one-month low.
Gold usually moves inversely to the dollar and the greenback scored
its first weekly gain against the euro after five losing weeks on
prospects for rising rates. And Friday Chicago Fed President Michael
Moskow said the fed funds rate at 1.25% is too accommodative.
Newmont fell a point. Meanwhile copper prices had their biggest
decline in six weeks on the possibility that two strikes at Mexican
mines could be ended.

This week's Dollar strength has been attributed to speculation that
the Federal Reserve will raise US interest rates for the remainder
of the year in order to curb potential inflationary pressures amid
its strong economy. Fed Chairman Greenspan had said the economy is
prepared for "a more dynamic adjustment of interest rates." The Euro
is also lower due to data showing Italian retail sales unexpectedly
dropped in June. The Yen has been under pressure since last week's
report showed international investors dramatically reduced their
demand for the currency.

-----------------------------------------------------------
Did you notice the new heading at our Yahooclub? If you haven't ..
it says " THE NEWS YOU CAN BENEFIT FROM " One way to do that is to
read between the lines. In the last issue I told a story about
problems I have had using Schwab.This week around  Mid-week Schwab
came out with a report:  " The company will have mixed securities
market returns, continuing geopolitical uncertainties and concerns
about rising interest rates all weighed on client engagement during
much of the quarter" while client daily average revenue trades
declined by 20% from Q1 average. The Company announces that CEO
David S. Pottruck has stepped down, and the board as reappointed
Charles R. Schwab to the CEO role.

  Sometimes the information is right there for all to see.Sometimes
you have to read between the lines.

-----------------------------------------------------------------
Weekly Gainers List :

Stock over $5 posting the largest percentage gain over the last five
sessions include: CHB +25%, COHU +18%, BEAV +18%, NTMD +16%, CATT
+13%, TKLC +11%, TWP +10%, ARTI +9%, SP +8%, IMM +8%, ULTI +8%, WSO
+7%

Weekly Losers List :

  Stock over $5 posting the largest percentage loss over the last
five sessions include: PKTR -39%, DCLK -26%, BEL -15%, CHR -9%,
BCSI -5%, ATRM -5%, MSGI -4%, MKSI -4%, MAMA -3%, PLXT -3%, ATHR -3%
-------------------------------------------------------------
Thomas McManus, chief investment strategist at Banc of America
Securities, distinguished himself on Wall Street by turning bearish
on technology stocks early in 2000. Now McManus is bucking the
conventional wisdom by voicing skepticism again. He says that
consensus predictions of 4 percent growth in GDP this year - the
highest since 1986 - mean that high expectations already are
factored into stock prices, leaving them vulnerable to any
disappointment.
--------------------------------------------------------------
Microsoft gave the markets alot of  false hope this week !

The Markets had a nice rally going after MSFT made their
announcement about the stock buyback and dividend (largest in the
history of the S&P).But then they fumbled the ball. This showed me
that the bulls are not ready to lead. They have been given an
opportunity in terms of a moderately oversold condition and a few
divergent bottom conditions, and they had been showing signs that
they were ready to lead. But when the time came to exert that
leadership, the bulls were found lacking.

As part of a plan to return $75 million to shareholders, Microsoft
will boost its dividend, buy back shares and offer a $3-per-share
one-time payout. Analysts have been calling on the company for some
time to distribute a chunk of its massive cash holdings. The
software giant initially had urged patience but promised in recent
months that it would offer a plan for the cash before an analysts'
meeting next week.

The company said it will spend about $14 billion over four years to
boost its dividend to a total of 32 cents per share a year, doubling
the past year's dividend of 16 cents per share. The company expects
to spend $32 billion on the one-time payout and $30 billion on the
stock buyback.

Microsoft Chairman Bill Gates stands to make $3 billion on the one-
time dividend, but the world's richest man doesn't plan to keep a
penny of it. Gates said he plans to donate the windfall to the Bill
& Melinda Gates Foundation, which has given millions of dollars to
health research and education. Still, Gates isn't going home empty-
handed. Microsoft's dividend boost should net Gates about $384
million.

--------------------------------------------------------------
Weekly Mutual Fund Money Flow :
Jul 21- Equity Fund Inflows $874 Mil; Taxable Bond Fund Inflows $6
Mil
--------------------------------------------------------------
Oil expert Charles Maxwell tells CNBC that relief on the price of
oil could be on the way. Short term there is a lot of Saudi oil in
transit that will be hitting the U.S. within a month, and add to
inventories. Moreover, there is only one month left in the big
motoring demand. Maxwell believes the recent oil increase has to do
with uncertainty over supply from Russia's YUKOS. But a year from
now, oil could be down in the $30 region. For one, U.S. and Chinese
demand will slow. Second, OPEC will continue to lift exports.
-------------------------------------------------------------
With gas prices staying so high people are changing their plans .....

32% say they will double up on groceries to make fewer trips.
28% say they will call friends and family rather than visit them.
27% of drivers 18 - 34 say they will buy cheaper grades of gas.
--------------------------------------------------------------
Forecasters long have expected the economy to slow from the red-hot
6 % growth rate of last year's second half. After all the
nation's
consumers, who account for 70 percent of economic activity, are no
longer benefiting from the double-espresso shot of a federal tax cut
and mortgage refinancing wave.

---------------------------------------------------------------
Looks like the Harrah's offer will go through.They will be the new
owner of Caesar's Palace and related properties (like Paris Las
Vegas and the Flamingo) for about $9.5 billion in cash, stock, and
assumption of debt.  This will make Harrah's the largest gambling
corporation in the world (almost 50% larger than Kirk Kerkorian's #2
MGM Mirage/Mandalay group) with almost $9 billion in revenue, almost
100,000 employees and over 50 casinos in the US with properties that
include Harrah's Caesar's Palace, Bally's, Flamingo, Harvey's,
Hilton, Grand Casinos, Paris, Showboat, and Horseshoe casinos/hotels.

--------------------------------------------------------------

Bull Markets have 3 Distinctive Phases:

Stage #1 - The market bottoms when economic news is dismal and
valuation and sentiment levels reach extreme.  This reflex rally is
often violent and may produce market appreciation.  Lower quality
stocks often outperform higher quality issues.  This pattern emerged
in 2003.

Stage #2- Good news becomes bad news as the market begins a
transition from no longer worrying about the economy falling off a
cliff, but rather that the economy may be heating up too.   Fears
over rising interest rates and inflation, may sometimes mute what is
happening under the surface.  Excessive equity valuation gets
corrected and money gravitates towards more defensive higher quality
stock.  We believe this stage started in January  and is in effect
today.

Stage #3-  Good news becomes good news again and the markets can
begin to climb again in response to better economic data.  We
believe that this phase may emerge in the near future.  Clearly
concerns over the turnover  in Iraq and the raising of rates
recently, could lead to continued volatility, but as this issues are
resolved, better market performance could prevail.

---------------------------------------------------------

The trend has been the friend of Delaware Trend Fund for 15 years,
allowing it to appreciate an average 15.07 percent annually during
that period. Delaware Trend buys the stocks of companies it believes
will increase their sales and earnings rapidly through some ongoing
competitive edge, such as novel products or entrenched leadership
positions in their industry. Recent favorites: Cheesecake Factory,
Coach, Cost Plus, Fisher Scientific, Gentex, PartnerRe

---------------------------------------------------------

Rod Smyth, Wachovia strategist, says in his Mid-Year Outlook that
stocks at 1100 on the S&P 500 are in the middle of fair value,
leading him to expect average returns of 5% to 10% per year over the
next few years. He acknowledges the risks of heavy debt,
geopolitical uncertainty, and a probable peak in global economic
growth. He believes these risks are why the market leveled off in
the first half. However, Rod feels the next six to twelve month
outlook for stocks is more attractive than that for other major
asset classes and that investors should maintain slightly above-
benchmark stock weighting.

----------------------------------------------------------

The Bar Code, long used for inventory classification and sometimes
feared as a tool of social engineering, has been regulated in the
name of globalization, and the globe has defeated the United States.
Bar Codes in America will now have more digits, to match the global
bar code standard.   http://www.adams1.com/pub/russadam/upccode.html

-----------------------------------------------------------


As Heard & Seen in The Market Vu Show's "InnerVu"


Joe Black5:  My name is W.D. Gann I say it will retrase the may low
of 1075 Some folks think Im dead but Im here to tell ya I am alive
and well..

TLochner:  Our expectations are that there is still some rally left
in the market this week but that the rally is only a very short-term
affair related to the recent decline, not the start of anything
important to the upside.
makesalotocents:  recap: takes money to make money..........

bandtrader:  Should see a sell-off NOW to 1110.75 es and 561.40 er2
the up move is over or i'll burn my band software

eBUTLER:  Don't confuse genius with a bull market.

------------------------------
Adolph Coors Co. and Molson, Canada's biggest beer maker agreed to
merge in a $3.4 billion share swap, seeking to end a loss in market
share to Anheuser- Busch Cos. and Interbrew SA.
  The merger allows the Molson and Coors families to retain control
of the company and bolsters their ability to buy other beer makers
in a consolidating industry. Some shareholders are not in favor of
the deal, and Ian Molson, who is feuding with family members about
the merger, is threatening to make a counterbid. I'm not sure that
this was a good move for Coors ..... I mean Coors has a much better
taste... lol
------------------------------
The Japanese Telecommunications ministry might slap a tax on WIFI
use.
Users of home information appliances and wireless LANs are currently
exempt from paying spectrum user fees. But the ministry plans to hit
the users with these fees because such appliances use almost the
same spectrum as mobile phones, whose users are required to pay the
fees, they said.

The move might provoke stiff opposition from product manufacturers
as it is likely to affect their sales. The ministry plans to collect
fees from users of information appliances when they purchase these
products, according to the sources. Manufacturers of home appliances
are currently stepping up efforts to develop information appliances
that are linked via wireless networks and can be controlled from
anywhere.

------------------------------
A slideshow of Russia's Richest Business people under 40 :
http://tinyurl.com/4almn
------------------------------
Vacation plans that don't leave your co-workers holding the bag.

1.Write and communicate a vacation plan. Your written plan should be
over-communicated, including those inside and outside the office who
have regular dealings with you. Include who can reach you, whether
and how you'll be in touch, whom to see in a work emergency and
other details that allow your co-workers to keep their work moving.

2.Appoint a designee. Someone must be able and authorized to reach
you if necessary. Be sure they know they're designated.

3.Handle regularly scheduled meetings and reports. Some people
announce their vacation and expect everyone will know that they're
simply out of pocket. Others will get regularly scheduled reports
done in advance. Decide which kind of person you are. Be clear on
what you'll do and not do leading up to and during vacation.

4.Do a tech check. Is there anything worse than taking off on
vacation to find your laptop's wireless card doesn't work or your
cell plan doesn't cover your vacation spot? Be sure that whatever
reachability commitments you made to your company can be fulfilled.

5.Schedule your first day back. A big mistake vacationers make is
doing no planning for their return. Clear your schedule for your
first day back to catch up on messages, calls and mail. Plan to get
a brain dump from your boss or a colleague on what you missed and
what's hot. Your priorities may well be different upon return than
they were when you left, so get right back in the loop.

------------------------------
NEXT FULL MOON JULY 31st

------------------------------
Big Stock purchase :  http://tinyurl.com/6h73v
------------------------------------------------------------
Companies reporting earnings for the week of Jul 26th- Jul 30th
include:
  Mon Jul 26th: AGYS, ANDW, ACI, BLS, BSX, CVH, EPD, HCA, HUM, IP, K,
TSN, AXP, CBT, CTX, XRAY, PBI, PVN, PHM, RCII, SFN, SWK...

Tue Jul 27th: AAI, LNT, AXE, ATH, ADP, ABX, BNI, IN, D, DD, EC, FDP,
HSIC, IGL, JEC, JNY, LLL, LMT, MHP, MWV, MHS, NBR, OMC, OSK, PD,
RGC, COL, SWY, SMG, SEPR, SAH, RIG, TRW, X, VZ, AFL, AW, AMKR, AV,
CECO, CB, FMC, MOLX, PSFT, RCI, SFA, TRI, UTSI, VRTS...

  Wed Jul 28th: AG, APD, AGN, ARM, AVP, BIIB, BA, CAH, CMCSA, CSX,
DYN, EXC, FE, HLT, LVLT, MMC, PAS, PX, ROK, RCL, SO, TWX, UAG, BUD,
ACL, BELM, BOBJ, EDS, ESRX, FSH, FLR, MET, MWY, ONN, PSSI, SGMS,
STA, WLP, XL...

Thu Jul 29th: AET, ALA, APA, BHI, BLL, BWA, BMY, BG, CMX, CHTR, CCE,
COX, DOW, XOM, FLS, GP, G, ISG, LIZ, MGM, NOC, OCR, PH, RTN, TSM,
TXU, ACS, APCC, CNXT, EMN, IM, KLAC, MGAM, OLN, VSEA, WDC...

Fri Jul 30th: ACDO, AEP, APC, ADM, BOW, DTE, PEG...

==============================
The above is a compilation of some of the best minds we have to
offer.

... GOOD LUCK MARKETTRADERS

CMKX, Dividend 1 UCAD share for 600,000 CMKX Shares.
This is based on O/S of 500 Billion, which is the Max.
allowed By Nevada Law. on 6 Million Shares, you would recieve $46.50
Dividend.
This is a estimate. But it elimantes the Shorting of the CMKX Stock.
With a Record date of August 20,2004. Look for MM's to try to cover
all
shorted stock in 20 Business Days. This could be very Interesting,
especially if CMKX shareholders aren't easily releasing CMKX shares.
But the Short story on CMKX will be Put to End by August 20,2004.
MM's could pay dearly for their Naked Shorting on CMKX Shares,
especially if UCAD Shares Continue to Rise as they have been since the
opening Bell on Monday July 20,2004.

QBID recent Press Release, Only Proves that MM's are Short Selling
Shares on
the OTC Pink sheets

PALM SPRINGS, Calif., Jul 12, 2004 (BUSINESS WIRE) -- Frank Olsen,
CEO of Triangle Multi-Media Limited, Inc., (QBID OTC Pink sheets)
responding to inquiries by shareholders, advised today that
management of the Company knows of no valid business or economic
reason for the recent decline in the per share price of the Company's
common stock.
"Naked Short Selling" is typical when a wholesale market maker sells
shares in the public marketplace that are not held in their
inventory, nor are the shares even borrowed from another market
maker - and with no intention to obtain the shares or to ever cover
the short position. Short sellers sell shares they do not own, but
borrow them to protect the transaction and/or eventually cover, or
buy in, their short positions. However, with the naked short selling
tactics being made against stock, proper procedures are not occurring
and thus have resulted in a greatly enlarged, and artificial,
public 'float' which subsequently undervalues the quoted price of our
stock. This practice is illegal and violates SEC and NASD rules, as
well as other state and federal statutes."

"It was our expectation that our problems with the short sellers
would be reduced, and eventually eliminated, when the SEC and NASD
issued new rules and regulations to block illegal activities within
short selling. It would appear, however, that as of yet these rules
have not been effective, because the short abuses have not stopped.
As a matter of fact, it appears in some respect they have only gotten
worse. For the past two weeks market makers who appear to be most
exposed by the short positions in Triangle stock have extended their
illegal activities to selectively excluding the processing of large
purchase orders for our stock. We are currently reviewing with legal
counsel the steps we can take to deal with these latest activities."

Urban Casavant CEO of CMKX has Made The Best Move By Issuing this
Press Release:

KX,UCAD CMKM Diamonds, Inc. Announces Dividend to Shareholders of
Record Date and Option Agreement

July 18, 2004 04:47:00 (ET)

DENVER, Jul 18, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink
Sheets:CMKX) is pleased to have reached a purchase agreement with
U.S. Canadian Minerals, Inc. (UCAD, Trade) to which U.S. Canadian
Minerals Inc. will be purchasing 5% of all mineral claims held by
CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM
Diamonds, Inc. will later issue these shares to all shareholders of
record on August 20, 2004.

In addition, UCAD has a 1 year option agreement to purchase an
additional 10% interest of all mineral claims held by CMKM Diamonds,
Inc. for a total of $15 million U.S. dollars payable to CMKM
Diamonds, Inc. Mr. Rendall Williams, CEO for UCAD, stated: "Having
the opportunity to have worked with the management of CMKM Diamonds,
Inc. on the Carolyn Pipe and on the Goldak Airborne surveys, we are
looking to move aggressively forward in building shareholder value
for both companies."

Urban Casavant, CEO CMKM Diamonds, Inc., stated: "We are looking to
move forward as a team in order to create a winning formula for
success of bothe companies as well as their shareholders!" More
details will be released in future news releases.

For the week the Dow was down 73 points and Nasdaq was down 63
points.Like a lot of the days this week, Friday's market started out
with great promise - underpinned by a number of bullish
developments - but finished noticeably lower as buyers backed away
from their positions... Sounds like another ending to Options
Expiration week.

  Conviction was once again weak as market internals never assumed a
bullish tone, and stocks began inching away from their highs at the
open... After a big upside of as much as 60 points early on, the Dow
Jones Industrial Average settled for a 23-point loss on Friday. The
Nasdaq fell 29 as semiconductors faded once again. However, Big
Board gainers still outpaced losers and volume got goosed up a bit
by the double-witch close out, rising to 1.4 billion shares.

The only group that works consistently is energy. Oil prices rose to
a six-week high on concern Saudi Arabia and other producers have
tapped most of their capacity to meet record demand. Crude rose 53
cents to close at $41.30, not far from the record close of $42.33 on
June 1. ChevronTexaco and Exxon Mobil rose to new highs, as did
ConocoPhillips and Occidental Petroleum. Ditto for natural gas
stocks like Burlington Resources and Devon Energy, as well as oil
refiners like Valero and Tesoro. Baker Hughes and Schlumberger
gained in oil service.

Meanwhile, rate-sensitive stocks like Fannie Mae, Freddie Mac, and
the homebuilders responded to a decline in rates. Treasury notes
rose the most in two weeks after a smaller than expected rise in
June consumer prices allayed any concern about a change in moderate
monetary policy. The yield on the 10-year note fell 10 basis points
to 4.38%, the lowest since April 22. The dollar fell to a four-month
low against the euro.

Ever wonder why the huge budget deficits are not crowding out the
private sector? It's because corporations are loaded with cash.
Non-
financial companies ended last year with $925 billion in bank and
money market deposits, equaling 4.6% of total assets, the highest
percentage since 1963. This presages a period of rising dividends,
rising share buy backs, and rising level of deals.

-------------------------------------------------------------

Buy and Hold?

The debate goes on ... does it work?  does it only work in certain
market conditions?

If Martha would have held on to her IMCL investment .... She would
be up over 300 thousand dollars. During that time she also lost
millions of dollars in her MSO holdings. How many of us could afford
to lose millions in paper?  Well this week ,the big media blitz
focused on the sentencing of Martha Stewart. And MSO  rose over
three points when she recieved a less harsh sentence.
------------------------------------------------------------
In industries based on 6 month price performance , more group
members are hitting new lows than highs.The greatest % of stocks
making new highs come from groups like Oil , Shipping, and Steel.
When cyclical stocks lead , it's usually a reflection of a choppy
market.

-------------------------------------------------------------

Weekly Gainers List :

  Stocks over $5 posting the largest percentage loss over the last
five sessions include: MSO +35%, ENWV +26%, DUSA +25%, LSS +23%,
LABL +21%, KEYW +20%, CNJ +20%, XPRSA +20%, MSC +19%, OS +18%, CNCT
+17%, CEC +16%, OPTN +16%, ZEUS +15%, NHR +15%, ACL +15%, STLD +14%,
RIO +15%, POS +13%, SNDK +13%, IMGC +12%, DGII +12%, DNET +12%, STTX
+12%, ISG +12%, GIVN +11%, LEND +11%, FAST +11%, GENZ +11%, MDC
+10%, HUM +10%

Weekly Percentage Losers :

  Stock over $5 posting the largest percentage loss over the last
five sessions include: PLXT -31%, NFLX -30%, TRDO -29%, ASPT -29%,
SLNK -26%, RHAT -26%, CLST -25%, SYBS -24%, NICH -23%, SCSS -22%,
TRCI -22%, IMN -22%, AZPN -22%, DTAS -21%, CLWT -21%, HOTT -20%

-------------------------------------------------------------

From Tom Mcclellan :

Get ready for political spin regarding market action. The Democratic
presidential nominating

convention is July 26-29, and we are looking for tops in both stocks
and bonds coincident with that

event. An ugly August should ensue, especially for stock prices,
leading to a preliminary

"momentum" bottom due Aug. 24-25, and possibly some throwover
into
another bottom in early

September. The GOP convention is Aug. 30 - Sep. 2, so the natural
explanation that will be offered

by many analysts will be that the conventions will have caused the
market action. In reality, it is

the arrival of the next 9-month cycle bottom ideally due Sep. 2
which is the driving force behind the

upcoming ugly market action in August. That stock price selloff will
be one worth staying away

from, but the rally out of the bottom in late August or early
September will be worth catching.
----------------------------------------------------------------

Airborne cell phone service took a test flight this week, in a
safety and technology demonstration aimed at easing fears that
mobile calls interfere with navigation systems.

During a two-hour "proof of concept" flight 30,000 feet over Dallas,
wireless gear maker Qualcomm and American Airlines showed off a
service using CDMA (Code Division Multiple Access) technology. An
onboard cellular base station the size of a laptop was linked to a
Globalstar satellite, which funneled calls and short text messages
to Earth-bound cell phones, Qualcomm said.

"Even though commercial availability of cell phone use in flight is
approximately 24 months away, (this is) an important step in
bringing in-cabin wireless services to our customers," Dan Garton,
an executive vice president American Airline, said in a statement.

----------------------------------------------------------------

More Market Opinions

Richard Russell says a line exists when the averages hold within an
area of 5% or less for an extended period of time. A line is an area
in which either quiet accumulation or distribution is taking place.
Russell is guessing this narrow range will be resolved on the
downside.

  Don Hays feels the range will be resolved on the upside. He feels
the market is building a launching pad. In June, Hays argued we are
in the second, sidewise phase of the bull market that began on
October 9, 2002. He expects the second phase will last five to nine
more weeks and end either at the end of July or the end of August.
Ultimately, a super bull market will emerge.

----------------------------------------------------------------

British drinking device banned by the Aussies

A COMPUTER assisted drinking machine which promises to get people
drunk 10 times faster without the punishment of a hangover or
calories has been banned in Australia.
  http://www.theinquirer.net/?article=17221

-----------------------------------------------------------------

Consumers were hit with the highest gas prices in history in the
U.S. and analysts can't understand why SUV sales died? Makes you
wonder what they are paying those experts.
----------------------------------------
Bill Gross bearish on bonds and economy
He believes we face a future of "higher import costs, rising
inflation, perhaps chaotic financial markets and bond-market sell-
offs. The country is overextended. We're trying to do too much,
borrow too much, spend too much. We're a country in the beginning
stages of what can aptly be called hegemonic decay."

-----------------------------------------------------------
Mutual Fund Flow

Jul 14- Equity Fund Outflows -$170 Mil; Taxable Bond Fund Inflows
$482 Mil
-----------------------------------------------------------

Microsoft isn't playing games when it comes to its ambitions for
Xbox and the console game market.

During an interview with CNET News.com at Microsoft's Worldwide
Partner Conference, CEO Steve Ballmer predicted that Microsoft would
soon steal the game crown from Sony: "We may still be losing money,
but we have gone from nowhere to a significant player with a whole
different approach. I bet we can take Sony next generation." Indeed,
Microsoft has made progress, signing up more than 1 million
subscribers for Xbox Live, the online game service the company
launched in late 2002.

-----------------------------------------------------------

Bank of America rates as the most accurate forecaster of foreign
currency changes, and it is predicting the dollar will post its
first annual gain against the euro and yen in three years. It
predicts the dollar will strengthen to $1.21 per euro by the end of
the quarter and to $1.16 by December 31. It will advance to $112 per
yen by year end. The dollar is currently at $1.23 euro and $109.70
yen.

------------------------------------------------------------

I want my MTV

Toshiba plans to announce a new laptop model next week that allows
users to watch TV on it without having to boot up Windows - the
first in what analysts say will be a new crop of multimedia
notebooks to come.

Called Qosmio, it will be Toshiba's first laptop to fully integrate
audio and video features, including a near TV-quality display, DVD
drive, TV tuner and enhanced speakers. A user could click on the TV
with the laptop's remote control or watch a DVD without starting the
Windows operating system. The price will likely be between $2,499
and $2,599

-------------------------------------------------------------

When a company produces high returns on its equity and also strong
earnings gains, it's a powerful combination. Business Week recently
identified eight stocks with returns on equity of more than 20
percent and anticipated 2004 earnings increases of 14 percent or
higher. The eight, listed in order of their return on equity: Nextel
Communications, UnitedHealth Group, Forest Laboratories, United
Parcel Services, Apollo Group, International Game Technology,
Fortune Brands, Wal-Mart.

------------------------------------------------------------
Bull Market - A random market movement causing an investor to
mistake himself for a financial genius.

Bear Market - A 6 to 18-month period when the kids get no allowance,
the wife gets no jewelry and the husband gets no sex.
------------------------------------------------------------
U.S. gasoline taxes (in cents)
Top 3
1.Hawaii 54.7 / 2. Nevada 51.6 / 3. New York  51.4

Bottom 3
1. New Mexico 36.4 /  2. Oklahoma 35.4 / 3. Missouri  35.4
------------------------------------------------------------
The Pill That Will Make You Thin
Pharma companies large and small are in hot pursuit of the
blockbuster of all blockbusters -- a drug that lets you lose weight
safely and effortlessly.
http://www.business2.com/b2/web/articles/0,17863,591634,00.html
--------------------------------------------------------------
Top online job-hunt blunders (6 - 10)


6•The "What if my boss finds my resumé?" factor. You cannot
get
fired for looking for a new job; it's not an actionable cause, and
it's not misconduct. If you're in the job market, commit. If you
want to keep your existing job, commit. Indecision is exceedingly
transparent.

7•A resumé is your brochure, not your bio. A brochure sells a
product. Too often, resumés try to load in every conceivable
detail
of a candidate's work and life experiences. While that may be
interesting to you and your loved ones, if it is not selling the
employer on hiring you for the specific job that you are applying
for, get it out of there.

8.Run-on resumés. A resumé should not exceed two pages. Period.
Although you are not actually printing and mailing the document,
applying online does not provide a license to use a 10-page treatise
in place of a concise, well-crafted resumé.
9•Jack-of-all-trades resumés. It is easy to apply to a great
variety
of jobs online, many of which may be relevant targets given your
diverse background. But, you still need to tailor your pitch to each
target.

10•Hitting Send is not the end. So much of the job-search process
has been made easier by the Internet. That doesn't mean you can
press "send" on an e-mail and think your work is done. You still
need to follow up.

------------------------------
PALTALK :

bekris_4:  I live for days like this to trade.....only an orgasm is
better.


Lascone :  Can you imagine this?   On 7/13/04 they said on
CNBC. "That in the History of the stock market ... the day that was
up the most time over time  was 7/ 14 /04 " .... The CNBC jinx
continues .. It turns out it was down 38 points.
makesalotocents:  I don't trust anyone who has to use 2 letters in
their name when one is adequate.........GANN...

Joe Black5:  Jim Cramer on cnbc in 1999 said he just had bought AOL
for 85 and said hes buyin more , next thing you know he's fired from
tradin and works for cnbc moral of the story dont be a stucker

cade:  this is rich.. going once.. going twice..   Bathtub used in
King assassination on eBay  http://tinyurl.com/597rg


  NightTrader-:  If they put a $25K Rule on Futures... Ok.. Ill go to
somewhere else like the markets in the EUREX to trade... They cant
stop the Players completely

ES_Tony: its all just a scam to get prices up while google goes publc

------------------------------
Estimated cost of 4 year's tuition @ a private college in 2014 is
$178,520.00
------------------------------
Economist Gary Shilling says he is not worried about rates because
the economy is soft enough to preclude any aggressive tightening.
His concern is productivity, which he believes was behind the
tremendous profit gains over the past six quarters. As business
avoided new hiring and stretched existing staff over increasing
production, output per hour leaped at a 4.5% average annual rate and
pumped up profits at an annual 17% rate. However, a rising
employment gain will hurt productivity. You can't have rapid job
growth and beneficial productivity.
------------------------------
Earnings Preview for the Week of Jul 19th-23rd :

  Mon Jul 19th: MMM, ASD, DAL, LXK, ALL, GLW, DOV, DNB, RE, FWHT,
JCOM, KFT, SWFT
  Tue Jul 20th: NDN, MO, AN, BCC, CDWC, CEN, CAL, EMC, F, FRX, IFX,
JCI, MAN, RSH, TASR, TEN, USB, WFC, AVY, MEL, BCR, CNF, CYMI, ET,
LLTC, MCHP, MOT, OI, PXLW, SANM, STX, SUNW, TER, TXN.

Wed Jul 21st: AGR.a, AWA, AMR, AWE, BK, CL, DCN, DHI, EK, FNM, FDC,
GD, GM, HET, HON, HMT, HYSL, IMCL, BLUD, JPM, LIN, ERICY, LU, MRK,
MGG, NXTL, NWAC, PFE, PNC, SGP, SIRI, FON, STJ, TLAB, USM, WHIR,
WYE, ADS, ALTR, COF, CD, SCH, CHIR, CRUSEBAY, ERES, FFIV, FISV,
ISSX, KMP, LEG, MXO, NABI, OMI, QCOM, RYL, SCHL, SEBL, SBUX, STM,
SDS, SYMC, TTEK, WM

  Thu Jul 22nd: RKY, ALK, AIG, ABC, ARW, AZN, T, BAX, BDX, BMS, BDK,
BBI, CCMP, CAT, CNP, CBE, CTB, CFC, DHR, ELNK, ECL, LLY, ELAB, EFX,
FNF, GDT, HSY, IR, IDC, IGT, ESI, JBLU, KMB, KRI, LEA, KRB, MCD,
MEDI, MLNM, MYL, NUE, ODP, OSI, DGX, RBK, SAP, SBC, S, SHW, HOT,
SUN, SVU, SY, TXT, TBL, TKR, UNP, UDI, UPS, VIA.b, VC, YRK, ACV,
WEN, AMZN, AMGN, BRCM, CLS, CHRT, KO, CA, CPWR, DCLK, ERTS, FDRY,
GTW, MCK, MSFT, OPEN, OSTK, PTV, RHI, SIAL, SII, UHS, WEBM, WC,
YELL...

Fri Jul 23rd: CCU, CMI, FO, GAP, HAL, ITT, LAB, LSCC, MYG, PCAR, R,
SLB, SSCC, WY, XRX.
------------------------------
Do you need to change your luck?  http://www.oldsuperstitions.com/
------------------------------
Events Calendar for the week of Jul 19th-23rd :

  Mon Jul 19th: SEMI Book-to-Bill Report; Strategic Research
Institute Energy Technology Investor Conference; AIMR Financial
Analyst Seminar... Wed Jul 21st: Salesforce.com Financial Analyst
Day; Powerwave Technologies Meeting of the Shareholders... Thu Jul
22nd: Manugistic Meeting of the Shareholders.
------------------------------
==============================

The above is a compilation of some of the best minds we have to
offer.

... GOOD LUCK MARKETTRADERS

SCHWAB MONOPOLY (The Video Game)

I know we get new subscribers all the time,so I thought I would
mention some negative remarks about Online Brokers .. and in
particular ... Charles Schwab & Co. There are many ways that these
brokerages try to separate you from your money. They love to pump up
the commission.One of their tricks happened to me this week.

  As some of you know i have an IRA with Schwab. This week I did a
trade in that account with our friendly discount broker. On Friday,I
tried to buy 1000 shares of WYNN. I got filled on 900 If I wanted
the other 100 shares Schwab would charge another commission. So if
they did that on the sale of the stock... This Discount Broker would
be charging $120 for a round trip. Its easy to do if they have a few
orders at the same price. They just have to give partial fills at a
specific price ... then  bounce the stock. There are many other ways
Online Brokers "play games" with your account. So, be
careful ...Keep an eye on them .....
------------------------------------------------------------
If you remember how we spoke at the start of the year about how
Market direction will depend on how Wall St. views The Incumbent. So
far this year He has had a lead in the polls that count. This week
things got a little murky and the market sold off ... The Dow was
down 70 points and The Nasdaq was down 60 points for the week.

Friday, we had a 41-point gain for the Dow Jones Industrial Average
and up 11 for the Nasdaq, while Big Board winners outpaced losers.
Volume struggled at 1.1 billion shares, not surprising prior to an
anything-can-happen weekend.

But the question on Wall Street is, what happened in June? The final
month of the second quarter saw the consumer pull back while capital
spending plans seemed to be deferred. One explanation is the belated
reaction to a sharp rise in oil and rates. From March into June, the
price of oil rose about 12 dollars a barrel. And in that same time
frame, the yield on the 10-year Treasury note backed up from about
3.6% to as high as 4.9%. On a cumulative basis, these trends likely
began to erode confidence and we have been seeing the fallout in the
form of deferrals.

Of course, rates have come down dramatically as signs of economic
cooling develop, and the 10-year note yield is down to 4.45%. Not so
with energy. After reaching an early June high above $42.00, oil
fell back to $36.00 and is currently holding above $40.00. There is
a hefty geopolitical premium in the price of oil that won't go
away
as long as Iraq continues.

Tech stocks snapped a five session losing streak despite the
continuing parade of reduced guidance from tech companies.The
Philadelphia Semiconductor Index (SOXX 451.14 +8.19) gained 1.9%.

Which way are we headed? If I had to guess I would look to the
mcclellan Oscillator. We went up through the 0 line to an overbought
condition. The we came back down to test the 0 line and it held
twice. http://www.stockcharts.com/charts/indices/McSumNYSE.html

My interpretation says :
With the selloff we have had ... and with options expiring soon .. i
think we will now bounce for a few weeks.
------------------------------------------------------------
Weekly Gainers List :
  Stock over $5 posting the largest percentage gain over the last
five sessions include: AIRT +54%, HNP +44%, MSGI +36%, MGN +27%,
COHT +21%, VLTS +20%, ACUS +18%, AKS +18%, CORI +18%, NNI +18%, IAG
+18%, PAAS +16%, TUES +15%, CAW +15%, BETA +15%, AVNC +15%

  Weekly Losers List : Stock over $5 posting the largest percentage
loss over the last five sessions include:
  SCUR -42%, WEBM -37%, ESPD -32%, VRTS -31%, MAMA -29%, EMBT -29%,
FILE -26%, MOSY -26%, KVHI -25%, ZIXI -22%, UIS -20%, NGEN -20%,
IPAR -20%, SEBL -19%, BMC -19%, BWS -18%, PLCE -18%, FLML -18%,
BCSI -17%, TLB -16%, IWOV -16%, GNSS -15%, SMTL -15%
------------------------------------------------------------
The API reports that crude oil inventories fell 1.6 mln barrels,
gasoline inventories rose 169K barrels, and distillate inventories
rose 2.2 mln barrels. The DOE reports that crude oil inventories
rose 100K barrels, gasoline inventories rose 1.0 mln barrels, and
distillate inventories rose 3.1 mln barrels.

A Bloomberg survey showed oil prices may weaken for the rest of this
year and next as the OPEC cartel increases production, easing
concern about disruptions to Middle East supply. This could be good
news and it also looks like political maneuvering to me.
--------------------------------------------------------------
How will the election effect your portfolio?

The first rule of political investing: Forget conventional wisdom.
When Merrill Lynch recently analyzed the stock and bond markets for
1943-2001, the data didn't confirm the popular belief that
Republicans are better for stock prices. Democrats are better for
the overall equity market," while "Republicans are better for bonds.

The Merrill study found that stocks returned 13.6% annually under
Democrats, compared with 11.7% under Republicans. Bonds returned
9.5% a year under a Republican White House against 2.8% for
Democrats. Republicans often are seen as pro-business, and Democrats
as pro-consumer. But "history says Democrats are better for
industrial stocks; Republicans are better for consumer stock. Among
the sectors that did best under Democrats were computers, natural
gas and oil. Under Republicans it was food, retail stores, tobacco
and truckers.

If George W. Bush succeeds... General Dynamics (GD) and Northrop
Grumman (NOC) should prosper.
If Mr. Kerry wins .... He might favor generics over brand names,
helping Mylan Laboratories (MYL), Barr Pharmaceuticals (BRL) and
Watson Pharmaceuticals (WPI).
-------------------------------------------------------------
The New Scientist reports that: A traffic simulation system is
helping drivers by predicting jams up to an hour before they happen.
Traffic flow can be divided into three categories: freely flowing,
jammed, and an intermediate state called synchronised flow in which
dense traffic moves in unison.
http://www.newscientist.com/news/print.jsp?id=ns99996094
------------------------------------------------------------
When U think of it  .....  take care of it.
http://tinyurl.com/3bmah
------------------------------------------------------------
AMG Data says stock mutual funds took in almost 2.5 billion in the
past week, while insider buying last quarter rose 75% from the first
quarter, and was the best since the first quarter of 2003
------------------------------------------------------------
A breakdown of GE's revenues and operating income reveals just
what
kind of company it is; the answer may surprise you.

Forty-four percent of the company's revenue is derived from
financial activities: insurance is 19%, commercial finance is 15%,
and consumer finance is 20%. Forty percent of the company's
operating income is derived from financial activities: commercial
finance is 20%, consumer finance is 10%, and insurance is 10%.  With
negative real interest rates it is very easy for finance companies
to make money. GE Capital is headquartered in Connecticut. It is the
largest hedge fund in the world.

GE Capital issues corporate bonds. It then takes the money and buys
companies that are immediately accretive to its "portfolio", which
is not hard to do when interest rates are this low. They just bought
a company named HPSC (Health Professional Services Corp.) which
specializes in making loans to doctors, dentists, and other health
care professionals. The revenues and profits from this activity flow
to commercial finance. I am not suggesting that what the company is
doing subversive; I am just pointing out that this process is very
similar to that of an equity hedge fund, which borrows money to buy
stocks. The difference is that what GE Capital does is much less
liquid and financed not by outside investors directly, but
indirectly by bond and stock holders.  Thx cade

-------------------------------------------------------------
SOME OPINIONS FROM WALL ST.

Jim Awad, who runs 1.3 billion at Awad Asset Management, says the
projected 21% gain in second-quarter S&P profits may not be enough
to stir the Street. To break out of the stalemate, we need favorable
projections for the third quarter and second half.

  Jack Caffrey, strategist at JPMorgan Private Bank which oversees
280 billion, says earnings season may not be enough to lift the S&P
500 past its February peak of 1157. He sees the index between 1050
and 1150 for the rest of 2004.

Ed Hyman, Wall Street's top economist says the economy hit a soft
spot in June, but is still in good shape. He says consumers might
have stepped back from higher oil prices and fewer incentives.

  Steve Roach, economist for Morgan Stanley, says the cooling Chinese
economy will weigh heavily. China's effort to slow 9% growth to
7%
seems to be succeeding, with negative implications for commodities
and Asia.

Ned Davis notes the S&P valuation relative to second-quarter
estimates is around 20.3, the lowest monthly P/E reading since mid-
1997. He also notes that dividends have been growing rapidly with
the year-to-year pace now at 17%, the highest growth rate since 1989.
------------------------------------------------------------
Top online job-hunt blunders ( 1 - 5 )

1•Mis-merged cover letters. In most cases, the body of an e-mail
has
all but replaced the traditional cover letter, making it easy to cut
and paste copies of the same letter to different hiring managers.
It's also easy to mis-merge an electronic message with, "I'd like to
put my skills to work at IBM," when applying at Hewlett-Packard.

2•One person, one job, one e-mail. It may seem like you have a
direct line of communication with a hiring manager, but reality is
that manager gets hundreds of resumes daily. While 10 great jobs are
out there waiting for you, you may need to send 1,000 e-mails to
make sure you hit them all.

3•Goofy personal e-mail addresses. Personal interests outside of
work and a sense of humor are valuable assets to any top executive,
but who really wants to hire a senior vice president of sales who
has a screen name like Snickerdoodle453@...?

4•Fun with fonts. Many ill-advised job-seekers use bright colors
and
exotic-looking fonts in resumes and e-mails. In the body of an e-
mail, use plain text. In a Word Document, slight variations on Times
New Roman and Arial are acceptable; black and white should be the
only colors on the page.

5•Playing out of your league. Many people apply to electronic job
listings with delusions of career grandeur. It's just an e-mail, so
why not take on a senior management position even though you're not
qualified? It's a waste of time; both yours and the recruiter's.

---------------------------------------------------------------

The slackening economic pace was framed by economists in a Bloomberg
survey showing a reduction in median annual growth to 4.1% from a
4.5% estimate just a month ago. Economists cited rising energy costs
as the principal reason for the revision. On the other hand,
moderating growth will likely mean moderation in Fed policy.
Meanwhile, the Wall Street Journal says executives at many large
U.S. companies expect to increase hiring.

---------------------------------------------------------------

The motto on the first penny was "Mind your own business"

-------------------------------------------------------------

I hear from friends that Pitstock has gone from 430 people to 300
people ... That tells me 300 people must not have seen The premier
trading room The Market Vu Show. You want to make money ? Join the
Vu Team   http://www.themarketvushow.com/

===============================

Looks like some real help is on the way !

Get ready for high-speed pharmbots that mix and match drugs and
doses by the millions. One reason complex diseases like cancer have
proven so resistant to medication is that they have no single cause.
Instead, they occur as the result of several gene mutations
accumulating over decades. This makes finding a single treatment -
the Big Pharma magic bullet approach - near impossible. By enlisting
a mix of drugs to mount a multi-front assault, CombinatoRx offers
new hope. http://www.wired.com/wired/archive/12.07/drug.html

------------------------------
Working on the night shift

They are among the 480,000 night-shift workers in the nation,
according to a study by the Bureau of Labor Statistics. The monthly
household survey of employment patterns taken in May 2001 shows that
14.5 million, or 14.5 percent, of full-time workers in the United
States work shifts other than the typical daytime hours. About 4.8
percent work evenings, while 3.3 percent work nights.

Shift work is most common in protective-services jobs. About half of
police officers, firefighters and guards said they work
alternativeshifts. Many of the Disneyland night workers fall in the
operators and laborers category. About 25 percent of the workers in
this category nationwidework alternative shifts.

------------------------------
'Show me the money' is an interesting tale of Microsoft Money from a
developer who now manages software development in the Tablet PC
group at Microsoft.
http://blogs.msdn.com/philipsu/archive/2004/07/01/170682.aspx
------------------------------
PALTALK:
  bekris_4 Trading style is like a suit ... it must be tailored to
each individual.

TheLascone:  A Stock split is : When your ex-wife and her lawyer
split all your assets equally Between themselves.

day trader_1: day trader_1: never risk more than %1 per trade of
tot acct equity and definetely don't play with scared money to take
care of the psychological and risk management equation in order for
long term survival no matter what system......

  NightTrader-: Speaking of da ball game I sure could use one of
those franks right now... WOW.. Best Darn Dogs anywhere!!!

------------------------------
Gossip can make or break career
It's not the work you do, it's what people say about the work you do
that allows you to advance, some experts say.
Reputations flourish not simply because you do good work but because
people tell stories about your good work. How widely this gossip
circulates is influenced by your position in workplace networks.
Some people work in tightly defined teams and seldom communicate
with people outside. Others talk to people in many networks and
carry ideas from one part of an organization to another. These so-
called network entrepreneurs have a wider view of the organization
and are judged to be smarter and more creative. They get better
evaluations, get paid better and fired less often. Positive buzz
shows up in paychecks.

------------------------------
Events Calendar for week of Jul 12th-16th :  Mon Jul 12th: SEMICON
West 2004- Wafer Processing; FSI International Analyst Meeting;
Applied Materials Analyst Meeting; Novellus Systems Analyst Meeting;
Research in Motion Annual Meeting of Shareholders... Tue Jul 13th:
CIBC's Annual Consumer Growth Conference; ASM International Analyst
Meeting; KLA-Tencor Analyst Meeting; Advanced Energy Analyst
Meeting... Wed Jul 14th: SEMICON West- Final Manufacturing; Oracle
Analyst Meeting; SMSC Annual Meeting of Shareholders... Thu Jul
15th: Credence Systems Analyst Meeting; Belden Annual Meeting of
Shareholders... Fri Jul 16th: Dell Annual Meeting of Shareholders...
------------------------------
Earnings Preview for the week of Jul 12th-16th : Companies reporting
earnings for the week of Jul 12-16th include: Mon Jul 12th: HELE,
NVLS, CTAS, PWAV... Tue Jul 13th: ADTN, GCI, INFY, JNJ, MI, MER,
STT, INTC, JNPR, YUM... Wed Jul 14th: BAC, GENZ, HDI, NYT, AMD,
AAPL, CCK, PGR, QLGC, SNDK... Thu Jul 15th: C, CMA, CY, DJ, ETN,
FCS, GPC, MAR, NOK, PEP, PPG, SGR, LUV, TRB, UIS, UNH, WB, IBM,
NFLX, PMCS, RMBS... Fri Jul 16th: DPH, KEY, NCC.
==============================

The above is a compilation of some of the best minds we have to
offer.

... GOOD LUCK MARKETTRADERS

I was in Miami Fla. last week. I might have been in a condo where
the phone had been disconnected, but that didnt stop me from
Trading.I did a great swingtrade using my Treo cellphone. One axiom
we have learned is,to be successful  when trading, keep your losses
small. We say this because this behavior keeps you in the game
longer. And as long as you are in the game you have a chance to
catch a big move. Another axiom I learned from Investors Business
Daily came in handy with my swingtrade."The longer  you are in the
game you can see price patterns repeat."  I was looking for a stock
to trade Monday morning. The stockmarket was weak and most stocks
had turned red when I started looking. I noticed Phillip Morris was
runing across the CNBC  ticker. I won't just trade any stock, it has
to be a stock that I am familar with. Phillip Morris (MO ) falls
into this category. My old buddy Iceduck and I used to trade MO for
a dividend play a few years back.I saw it listed a few times (which
means it had volume) It was also green for the day.When the stock
started to correct lower I took my initial position. As the stock
went red I added more shares. By the time the US market closed
Philip Morris was green again. At this point I realized something
was up with that stock. I held it overnight and to my suprise the
next day I saw I had bought in the hot sector of the day. The big
announcement they made was that two of the larger cigarette
companies had merged , RJR and Brown and Williams. I held my shares
two more days sold most of the shares and  locked in a nice profit.
I sold the final 200 sh. Monday , a week later for an extra 1 1/2
points. ( my 2nd best trade of the year)

I did this trade without my PC or my charts. With my trading
platform I can trade directly with exchange floors around the world
24 hours a day. It turns out i would have done alot better trading
RJR,but I never traded RJR before and I find it safer to stick with
stocks I know !

This was very simple as life can be if you have the right
perspective. If you look at bad life experiences as losses and good
life experiences as gainers, Keep the losses small and you will have
a better life.
-----------------------------------------------------------
THE WEEK BEGAN:
  With rumors That a big player in the S&P futures pit was
manipulating the market ... and complaints were being made to the
SEC. At mid-week we had a 1/4 point raise in rates. ( which everyone
expected )..after that we sold off the rest of the week.T he Dow
lost 89 points and the nasdaq lost 18 points for the week.  On
Friday, The Dow Jones Industrial Average lost 51 and the Nasdaq fell
8. But Big Board gainers far outdistanced losers since so many
listed securities are rate-sensitive, and rates fell sharply with
the 10-year note yield slipping 10 basis points. The jobs report, a
companion piece showing a decline in May factory orders and recent
data from Wal-Mart, Target, and General Motors attests to the wisdom
of the Fed's "measured" strategy. Volume today struggled to
exceed
one billion shares.  Lately Wall Street has steered away from Friday
positioning in a troubled global environment, and today we faced the
three-day Independence Weekend. So the final hour was devoted to
drifting and dreaming.
Pacing the downside were cyclicals like Caterpillar and United Tech,
semiconductors like Intel and Texas Instruments, and metals like
Phelps Dodge, U.S. Steel and Alcoa. Retail stocks were weak across
the board, with Federated Stores and Gap particularly prominent. It
was the second day of a decline in drug distributors, with Cardinal
Health falling again after yesterday's 17-point debacle. McKesson
and AmerisourceBergen also slipped.

Scoring new highs were food chains like Starbucks and Whole Foods,
while energy stocks were represented by Tesoro, Valero and Cabot
Oil. Making new lows in technology were Lexar, Borland, and Web
Methods.

Rate-sensitive stocks flourished with point-sized gains in
homebuilders like KB Homes and Ryland. Mortgage companies like
Countrywide Financial and Fannie Mae also did well. The poor job
figures hurt placement stocks like Manpower and payroll stocks like
ADP.

Mamma.com (MAMA) fell on word that Mark Cuban had liquidated his
position. It fell over 15% in one day... This is one reason I tell
most of you to never buy Glamour stocks. ONE day you're in the
Penthouse ... and the NEXT day you're in the Outhouse.

The question now is what breaks the market out of its sidewise
slumber, and the answer has to be profits. According to Thomson
First Call, the preannouncement season has been the best since they
started keeping score, with upside revisions outdistancing the
downside variety. If the confessional season is benign, then the
projections for second-quarter S&P profits to rise 23-to-25% looks
attainable. If so, it would mark the fourth straight quarter of plus-
20% earnings growth, a development that has happened only four times
in the last 50 years.

Remember +++  Next week we have a four day work week. +++  Remember

-------------------------------------------------------------------

BOTTOM LINE from Tom Mcclellan

We love predicting exciting bottoms and tops, and have been able to
do so with some success. But our prediction now is

for a rather boring uptrend in stock prices all the way until
election time. It won't be in a straight line, since so uptrend
ever
is.

They all have some texture. But we see a relatively quiet uptrend
between now and November. After that depends on election

result fireworks. Bonds should rally to a short term top July 1-2,
related to the FOMC meeting and the Iraq handover.

Gold is acting like it wants to rally now, but should resume its
decline to a bottom July 6-12, at which time a squeeze that is

in effect in gold lease rates should produce a dramatic and exciting
pop of just a few weeks' duration, thereby drawing all of the

wounded gold bugs back in so that they can get stepped on again
during the ensuing decline over the rest of the year.

( Tom said he would get bearish short term if the dow closed below
10,343. The dow finished the week @ 10,282 )

---------------------------------------------------------

Weekly Gains List :

Stock over $5 posting the largest percentage gain over the last five
sessions include: AIRT +69%, TZOO +61%, SUNH +32%, ESIO +23%, LACO
+22%, LWAY +22%, ALDA +22%, PTMK +20%, DRS +20%, PGTV +17%, INET
+17%, RIMM +16%, BRP +16%, NILE +15%, LAKE +15%, PSTI +15%, NVEC
+14%, IRGI +14%, SNTO +14%, SMTS +14%, NTEC +13%, DLI +13%, MNTG
+13%, CETV +12%, ATI +12%, VICR +11%

Weekly Losers List :

  Stocks over $5 posting the largest percentage loss over the last
five sessions include: IPAS -37%, WEBM -35%, AMKR -32%, THOR -26%,
CAH -25%, ROYL -25%, ESPD -25%, SYPR -24%, INFA -23%, ELX -22%,
LEXR -21%, HRT -20%, RVI -19%, DDIC -19%, ESST -18%, DNVX -17%,
CAMD -17%, WPI -17%, WMAR -17%, RF -17%, GILTF -16%, GTK -16%, CBH -
16%, AQNT -16%

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The stock market's party isn't over yet, says The Turnaround
Letter.. "The last major bear market before 2000-2002 occurred in
1973-74. It was followed by two very strong years, with the S&P
gaining 31 percent in 1975 and 19 percent in 1976. Also, the last
major credit/bankruptcy cycle gives similar indications. After
suffering through a weak economy and many defaults in 1989, we saw
gains for stocks each year from 1991-93."

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A malicious program that installs itself through a pop-up can read
keystrokes and steal passwords when victims visit any of nearly 50
targeted banking sites, security researchers warned . Once the
Trojan horse captures financial information, it encrypts the data by
using a program hosted on an Internet server and sends the data back
to the attackers, who appear to be in South America.
http://tinyurl.com/3e57z
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THE BORROWER'S CHECK LIST:

1.  Consider your time line.
  How long you plan to stay in your home can help you determine the
best mortgage for your needs.

2.  Consider your income stream.
   Are you on salary, or do you receive infrequent large bonuses or
payouts?

3.  Compare price, not just interest rates.
When you factor in lendors fees, 3rd party fees, points, and other
considerations, sometimes the lowest rate doesn't always get you the
lowest price loan.

4.  Consider service quality.
Does the company you're working with have a good reputation?

5.  Work with a lendor you can trust.
--------------------------------
Real Estate :
Some people don't know good advice when they see it. If you want
some...  Never ... I said ... "Never take the first offer in a hot
real estate market".
--------------------------------
WOOOOOOO  WOOOOOOOOOO  Looking for a job?

  Try the railroad industry. They plan to hire at least 4,000 people
this year and 80,000 new workers over the next six years. About 500
of this year's new hires will be in California. Some 150 of them
will be in the Los Angeles area, including Orange County. Increased
freight business and a spike in retirements prompted the hiring
plans. Train and locomotive maintenance workers typically earn about
$50,000 in annual salary. Conductors, in great demand, make about
$70,000 annually. Engineers can earn up to $110,000.  All job
openings are posted on the association Web site:  www.aar.org

--------------------------------
If you haven't visited  the Trading room where i have been hanging
out , check it out you will enjoy it. You can join thru their
website ...  http://www.themarketvushow.com/  or They are listed in
the Business and Finance category of  Paltalk. The room is called
The Market Vu Show .  No Trading Room on irc compares... it has
voice technology .. and u have traders from the floor that come on
and take questions realtime ... " what are the floor traders looking
for in the next 30 min. ? "    good shit ... im telling ya  lol
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LONG TERM CARE - LET'S RETIRE AT THE HOLIDAY INN

"No nursing home for me! I'm checking into the Holiday Inn."


With the average cost for a nursing home per day reaching $188.00,
there is  a better way when we get old and feeble.

I have already checked on reservations at the Holiday Inn. For a
combined long-term stay discount  and
senior discount, its $49.23 per night. That leaves $138.77 a day for:

1. Breakfast, lunch, and dinner in any restaurant I want, or room
service.

2. Laundry, gratuities, and special TV movies.

PLUS, they provide a swimming pool, a workout room, a lounge,
washer, dryer, etc. Most have free toothpaste and razors, and
all have free  shampoo and soap. They treat you like a customer, not
a patient. $5.00 worth  of tips a day will have the entire staff
scrambling to help you.

For a change of scenery, take the airport shuttle bus and eat at one
of  the nice restaurants there. While you're at the airport,
fly somewhere. Otherwise, the cash keeps building up.

It takes months to get into decent nursing homes. Holiday Inn will
take your reservation today.  And you are not stuck in one place
forever, you  can move from Inn to Inn, or even from city to city.
Want to see Hawaii?  They have a Holiday Inn there, too. TV broken?
Light bulbs need changing? Need a mattress replaced? No  problem.
They fix everything and apologize for the inconvenience.

The Inn has a night security person and daily room service. The
maid  checks if you are OK. If not, they will call the undertaker
or an ambulance.  If you fall and break a hip, Medicare will pay for
the hip, and Holiday  Inn will upgrade you to a suite for the rest
of your life.

So, when I reach the golden age I'll face it with a grin. Just
forward  all  my emails to the Holiday Inn!"

Being perma-skeptics, we called a Holiday Inn to check this story
out--and are happy to report that they were positively giddy at
the idea of us checking in for a year or more. They even offered to
negotiate the rate  (we could have easily knocked them down to $40 a
night!). See you at the Inn

Thx Cade
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Jun 30- Equity fund Inflows $3.8 Bil; Taxable Bond Fund Outflows -
$859 Mil
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PALTALK :
  dbbacon: IF YOU CAN'T RUN IT DURING THE TRADING DAY, GAP IT OVER
NIGHT.

Joe Black5: I don't play anymore, I quit school because of reccess.

  HalGE: Value as determined by who?... most futures trader place the
value at ZERO.... cause they drop them faster than a hot campfire
rock....

  Dr_Profits: if they were long bonds they got their balls handed to
them today.

  Gene Trader : TICKS refused to selloff while the ES was under
pressure...thats a good
incication that either A) Stocks are being accumulated in weakness,
or B) Its so darn slow that
nobody is paying attention to the futures...
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Germany's T-Mobile is trying its luck with online music, launching a
download service that lets digital music fans in Europe play songs
over their cell phones.
http://tinyurl.com/3hmqj
-------------------------------
Here is the average pre-holiday results for the last 50 years, based
on the S&P
500 Index: Independence Day ..Buy two days before,sell at year end
+13.3% / Buy one day before, sell at
year end +37.3%
-------------------------------
Events Calendar for week of Jul 5th-9th :
Mon Jul 5th: Holiday all U.S. markets closed... Tue Jul 6th: Fed's
Broaddus speaks at U.S. economy to tax administrators, NRF Annual
Convention & EXPO... Thu Jul 8th: Microstrategy Annual Meeting of
Shareholders, Kroll Annual Meeting of Shareholders, Titan Corp Y04
outlook conference, U.S. Oil and Gas Investment Symposium... Fri Jul
9th: Fed's Hoenig speaks on monetary policy.
-------------------------------
The above is a compilation of some of the best minds we have to
offer.
... GOOD LUCK MARKETTRADERS and enjoy the holiday
http://www.njagyouth.org/Liberty_.htm