Put me down for 8750 next week. I would be most happy with a flat market or a slight dip this week, though, since all of the options I sold are pretty far in the money. But I certainly wouldn't complain about a big rally, if I have to choose between a rally and a really steep drop.

Date__________DOW_________Change___NASDAQ____Change_____S&P______Change
17-Aug-02_____8,778.06_______________1,361.01______________928.77_____
24-Aug-02_____8,872.96______1.07_____1,380.62______1.42_____940.86______1.28
31-Aug-02_____8,663.50_____-2.42_____1,314.85_____-5.00_____916.07_____-2.71
08-Sep-02_____8,427.20_____-2.80_____1,295.30_____-1.51_____893.92_____-2.48
13-Sep-02_____8,312.69_____-1.38_____1,291.40_____-0.30_____889.81_____-0.46
21-Sep-02_____7,986.02_____-4.09_____1,221.09_____-5.76_____845.39_____-5.25
28-Sep-02_____7,701.45_____-3.70_____1,199.16_____-1.83_____827.37_____-2.18
05-Oct-02_____7,528.40_____-2.30_____1,139.90_____-5.20_____800.58_____-3.35
13-Oct-02_____7,850.29______4.10_____1,210.47______5.83_____835.32______4.16
18-Oct-02_____8,322.40______5.67_____1,287.86______6.01_____884.39______5.55
26-Oct-02_____8,443.99______1.44_____1,331.13______3.25_____897.65______1.48

Have to cancel out September, October has been good

I'll guess DOW 8600

Buying more SURE Monday. Volume is back to normal and much to my surprise it's held the recent run-up.

8150

8300 for Ben

8400

smn

8550

Ben,

What's your cut on AMR?

AMR, Hate it...Incredible amount of debt and they are going to lose at least $10-$12 a share this year.

Pilots and other employees have very strong and uncompromising unions who will eventually drive them into bankrupcy. You take airlines like

United and American whose expenses are unreasoable and let unions drive them to bankrupcy, deserve to go out of business.

You know who I am talking too.

Good news for smokers.

Nicotine is good for the heart and actually promotes the developement of new blood vessels.

Many believe it also helps promote memory.

So if you haven't stopped smoking, maybe you should reconsider. When you get lung cancer you might have a stronger heart to withstand the chemotherapy.

Yeah, but the airline industry isn't going away, just down the toilet. I'm going to think about it. Thanks for the good news about smoking. I was going to quit but I forgot. Mexican heart workout scheduled for Wed. night, I'll be using the new blood vessels, maybe I'll blow smoke on my dick for awhile ;-).

The good news is just when I think the bottom is about to drop out of the market, we get a mini-rally. The bad news is, just when I think we're out of the woods, we get a prolonged slump.

My predictions:

If we get a drop in the market BELOW the September bottom, we are in for a long, hard road for the next couple of years.

If the NASDAQ dips below 1000 for more than a day or so, we are in for significant unpleasantness and I will have to start searching for a cardboard box as my new home.

Anybody interested in a stock called OMG?

I know nothing about it, but you should see the drop on that stock today.

WOW Muy Malo!!!

Kendricks Put me down for 8750 next week

Ldvee I'll guess DOW 8600

Putanero 8150 (Hey nice to meet you at La Tropa Sunday)

8300 for Ben

Dogster 8400 smn

T_Bone 8550 (8500)

OMG - Oh My God - 71% drop, everyone sold out, good example of why not to have all your eggs in one basket. Wonder if the $9M per year CEO will get a bonus.

Keeps me from buying more SURE ;-)

Finally, a mutual fund you can feel good about owning: VICEX, also known as the Vice Fund.

The current tops holdings are:

6.25% - Anheuser-Busch
4.60% - Philip Morris
4.33% - Harrah's Entertainment
4.01% - Constellation Brands
3.69% - L-3 Communications
3.62% - British American Tobacco
3.56% - Diageo
3.55% - General Dynamics
3.55% - MGM Mirage
3.43% - Northrop Grumman

Industry breakdown:

26.12% - Defense
24.48% - Alcohol
23.30% - Gambling
17.78% - Tobacco

The Vice Fund's website, http://www.vicefund.com, points out that vice sectors have appreciated over 52% from June 1997 to June 202, while the S&P 50 appreciated less than 12% in that same timeframe.

"Over the five-year period June 30, 1997 to June 30, 2002, an individual simply investing 25% into each of the alcohol, tobacco, gaming & casino, and aerospace/defense sectors, would have significantly outperformed the S&P 500 index."

Following are some more true gems of wisdom from this site:

The Case for Casino & Gambling Stocks

"Gambling is inevitable. No matter what is said or done by advocates or opponents in all its various forms, it is an activity that is practiced, or tacitly endorsed, by a substantial majority of Americans." Final Report, Commission on the Review of the National Policy Toward Gambling, p. 1 (Washington: 1976). The industry has grown immensely since that statement 26 years ago.

The Case for Tobacco Investing

We think it's obvious that through good economy or bad, fears of terrorism, corporate scandal, and even health fears, people keep smoking. It's not going away. Many of this country's founding fathers were tobacco farmers. People have been smoking for centuries.

While the percentage of people smoking in the U.S. may have declined, many people do not realize the huge worldwide market for tobacco products. "The tobacco industry contributes substantially to the economies of over 150 countries, with more than 100 million people world wide depending on it for employment. Tobacco is the world's most widely cultivated non-food crop."

The Case for Alcohol Investing

Have you looked at your retirement plan or brokerage account statements the last couple years, and said, "I need a drink"? Apparently a lot of people have. Take a look at the 1, 3, and 5-year charts on this page. The stock market has been lousy, but alcohol stocks seem to have performed well.

The Case for Defense Stock Investing

Osama bin Laden. That should be enough of a reason for Defense stocks. So called "Socially Responsible Investors" would claim that you shouldn't own stocks that have anything to do with defense or weapons. That means that all of the Aerospace and Defense Industries are to be avoided. Maybe in a perfect world these industries wouldn't need to exist, but until that perfect world does exist, we want to own these stocks.

Makes sense to me!!!!

Kendricks

OMG - Ben, are you buying?

You know, buy low, sell high, etc.

VICEX - Kendricks, I like it, too bad prostitution can't be included. Reminds me of Woody Allen's movie Sleeper. Think I'll buy in just for kicks AND it does make sense.

Maybe they should add an exotic car company.

BTW, I'm writing this as I smoke a cigarette, drink a beer, think about tomorrow night with my favorite puta, watch TV about the upcoming war with IRAQ, and wonder when I can get my 260 HP Type-S Acura in for service (not an exotic, but you know).

Wasn't it Peter Lynch who said to invest in companies whose products you buy regularly?

Also, my favorite gambling establishment is the NASDAQ.

It's a SURE bet.

Ben - OMG

http://biz.yahoo.com/rc/021031/chemicals_om_1.html

What was that guy thinking? Crooked Wall Street guys are raking him over the coals.

Could be a good time to get in.

More OMG

CLEVELAND, Oct 31, 2002 /PRNewswire-FirstCall via COMTEX/ -- OM Group, Inc.
(OMG) today commented on a Form 4 filed today with the Securities and
Exchange Commission by James P. Mooney, the Company's Chairman and Chief
Executive Officer. The Form 4 reported the sale by Mr. Mooney on Tuesday of
approximately 710,000 shares of the Company's common stock. Mr. Mooney had
pledged these shares of the Company's common stock to a brokerage firm as
security for margin loans. As the price of the Company's stock declined in
Tuesday's trading, the brokerage firm sold all the pledged shares to satisfy
margin calls in accordance with margin agreements. Mr. Mooney has advised
the Company that, as a result of the margin calls, all of his shares have
been liquidated. Mr. Mooney continues to hold certain options to purchase
that are not currently exercisable and restricted stock that has not yet
vested.

Dow is at 8486 as we post, with about 36 minutes until Dow closes.

T Bone is looking good at 8500.

Put me down for 8750 again next week

8350

DOW 9500

Buy everything you can Monday

ben goes for 8600

Date_________DOW_________Change____NASDAQ____Change____S&P____Change
17-Aug-02____8,778.06_____________1,361.01_____________928.77____
24-Aug-02____8,872.96_____1.07____1,380.62_____1.42____940.86_____1.28
31-Aug-02____8,663.50____-2.42____1,314.85____-5.00____916.07____-2.71
08-Sep-02____8,427.20____-2.80____1,295.30____-1.51____893.92____-2.48
13-Sep-02____8,312.69____-1.38____1,291.40____-0.30____889.81____-0.46
21-Sep-02____7,986.02____-4.09____1,221.09____-5.76____845.39____-5.25
28-Sep-02____7,701.45____-3.70____1,199.16____-1.83____827.37____-2.18
05-Oct-02____7,528.40____-2.30____1,139.90____-5.20____800.58____-3.35
13-Oct-02____7,850.29_____4.10____1,210.47_____5.83____835.32_____4.16
18-Oct-02____8,322.40_____5.67____1,287.86_____6.01____884.39_____5.55
26-Oct-02____8,443.99_____1.44____1,331.13_____3.25____897.65_____1.48
02-Nov-02____8,517.64_____0.86____1,360.70_____2.17____900.96_____0.37

Looks as tho the Oct recovery is losing steam. I’m betting the Repubs get their fanny spanked Tues (“it’s the economy, stupid”) and the market will pop.

OK, so I barely missed last week (8400/8517). Freakin' optimists. 8200.

8900

Dear Prognosticators,

As I will be leaving California tomorrow morning very early and will be gone for a week. I will not be posting the results of this weeks Dow results.

I will be in south Florida for about eight days thinking of how close I am to Cuba. I was thinking about how I need to give mouth to mouth to Adriana del Cuba, but I don't feel my daughter would appreciate me leaving before her wedding. I guess I will just be a good hombre and stay in Florida

May you all have a prosperous week and talk to you when I return.

In reverse order of when the picks were made:

T Bone 8900

Dogster Freakin' optimists. 8200

ben goes for 8600

Ldvee DOW 9500

Putanero 8350

Kendricks Put me down for 8750 again next week

Great day for the market.

My prediction:

the second the election is over, the politicians will start talking about how bad the economy is, the market will drop, and you guys will claim that the Repubicans propped up the market just before the election.

?

Ben, why don't you take your future son in law down to Cuba for a bachelor party?

Kendricks,

Because he is boring and also because it is illegal and I always follow the rules.

Following the rules is very important. A citizen's first duty is to always obey the government. Obedience gives meaning to life. After all, rules are rules.

Ben
Email me at DonGringo@hotmail.com if you're coming to Florida. We could kill a beer or maybe even hop a flight over to visit Adrianna.
DG

Kend
Who are you? and what have you done with Kendricks?

Ben,

You got a kick out of that post huh? LMV is a young guy, hopeful teacher, last thing he needs is a bust. In fact mongering/teaching is a bad combo in the ole u s of a. Soooo, fuck you guys
;-).

yeah I'm still smoking, I'll quit, SURE thing.

Yo tambiem Ldvee. I also smoke, but not tabacco.
Bad for your health.

I think that Microsoft has to be a screaming buy. I know it is selling at 30 times earnings, but for ten years it sold for 50 times earnings.

Mr. Softy has 40 billion, that is forty fuckin billion, in the bank and a monopoly on software,opps excuse me, Apple. Sun and Linex have less than 10% of the market, but everyone loves them and knows that soon MSFT will get its due.

Maybe I am wrong, as I have had a half bottle of good single malt whisky tonight, but they will probably start using that money to make themselves more of a monopoly, I mean more competitive, buy back their own stock, or pay out a significant cash dividend to shareholders. I mean how much money do they need for research and developement at this point?

Hey Hombre Brain Trust, What do you think?

DonGringo:
Be careful of meeting up with the Stork Broker. I hear he's dangerous.

Dogster,

Please keep your liberal, communist, Berkeley comments to yourself.

You are now dealing with real men, who smoke cigars, drink whisky and fuck hard bodies.

DonGringo,

por favor ignore my pinko amigo from California.

I think Microsoft's next big gamble is the .net (duh, that would be "dotnet") technology and MSN. Their bread and butter product, Office, has leveled off as have their OSs. It's amazing, but their software works finally and almost everyone has it. "Now what Ollie?"

Boring blue chip category, "screaming" don't think so.

just my opinion.

Now, when Mr. Jack starts pushing his triple, triple, juicy, rare, Surebeam safe burger, now we're screaming.

Would I hype a stock I've placed a LARGE bet on, naw.

Whomever gave the stock tip of Sure, I want to thank. It has been a terrific run up. I thought TIVO would be good; but, SBLU is kicking some serious butt.

Gracias para "SURE" amigos.

Dogster
Why am I getting a mental image of a lanky intellectual type who

drives a VW
attends ecology summits
is a MAC blow,er...DIEhard

Please assist my capitalistic mind in drawing a prettier picture here!

Ben I used to think any chica under 30 was doable. Now I'm aging my rum and cigars longer while my women just keep getting younger. Is there a cure?

SURE is fun!

Jeez Ben, at least Sam looked into and decided to buy.

"You are now dealing with real men, who smoke cigars, drink whisky and fuck hard bodies." Sheez, Ben. You gotta stop smoking the cigars attached to those real hard-bodied men.

Dogster descriptors:
--intellectual type (yup)
--drives a VW (nope)
--attends ecology summits (nope)
--is a MAC blow,er...DIEhard (yup)
--liberal (in recovery, periodic relapses, didn't vote for any Repubs this year)
--communist (nope)
--commie pinko (nope)
--Berkeley (yup)
--good investor (nope. SOS.)
--amigo of Ben (1. I'm in his will. 2. in recovery, periodic relapses).

Has my

So with the intellectual & MAC observations, I'm batting .500?

Top of the second inning and DeeG steps up to the plate:
-owns at least one lambswool devron neck cardigan?
-invites Jehovah Witnesses in just to fuck w/'em?
-is known by name at the two nearest Starbucks
-(is NOT recognized at any bars north of the border)
-owes a past due bill to the therapist who said HE was the reason his last Berkeley girlfriend is now an avowed lesbian.

Sam,

Just took 25% of my SURE off the table. A bird in hand is worth 2 in the bush. It's going to be a good Christmas. Don't know what this stock is going to do, it's a tough one, everybody is betting on the come. I am letting 75% ride.

la dulce vida

DeeG??? Hell, you must be Bonds. (somewhat on topic pun) 1/5 in the second inning, btw. Ben is the dope smoking hippie in this crowd, btw.

Ah, well, I figured the Dems would win more and the stocks'd go down. Oops..