zflk blitzkrieg paradigm

We Never Had A Losing

Day At The Track In Ten Years!

But truly, it's a dreary way to make money. If
you're really playing to win, it's tedious drudgery and takes
all the fun out of it. Nowadays, if I ever do go to the track,
I simply bet on the horse which most resembles my Aunt Silvie.
Don't make any money but at least it's fun.

Anyhow, let's get gazockaling on beating the
stock market. Now, here's the first rule I made for myself:
BUY ONLY STOCKS LISTED ON ONE OF THE THREE MAJOR STOCK
EXCHANGES.

The reason for that rule? Simple: You see, I
realize I'm never going to make any money by buying
stocks. I'm only going to make money when I sell
my stocks. And, when I'm ready to sell, I want to make damn
sure whomever wants to buy can easily find quotes and other
details of the stocks I want to sell. In other words, I have
no interest (at least, currently) in messing around with any
stocks... unless... they are listed in the Wall
Street Journal.

Believe it or not, that rule alone eliminates
hundreds of thousands of stocks. Here in America, aside from
the three major exchanges, you can buy OTC (Over-The-Counter)
stocks, "pink sheet" stocks (ask your broker if
you're interested) and stocks from all sorts of other sources.
You can also buy stocks listed on the Toronto Exchange and all
the European and Asian Exchanges.

Let's leave all that up to Buzzy. For the time
being at least, let's you and me keep it simple and easy. That
OK with you?

There are three major stock exchanges here in
the U.S. The best known, of course, is the NYSE or New York
Stock Exchange. There are approximately 3,500 stocks actively
traded on this exchange.

Then, there's the NASDAQ Exchange on which
approximately 5,600 are actively traded.

Finally, there's the AMEX or American Stock
Exchange which has approximately 760 actively traded issues.

In Section C ("Money And Investing")
of the Wall Street
Journal, there is a summary of what the stock market did
on the previous day of trading. It's called "Stock Market
Data Bank." This tells you what happened yesterday on the
Dow Jones Averages, Standard & Poor's Indexes, the Russell
1000, the Russell 2000, the Russell 3000, the Value-Line Index
and something called the Wilshire 5000. It tells what were the
most active issues, how many issues advanced, how many
declined and how many stayed the same. It reveals the
"Volume Percentage Leaders", "Volume Percentage
Losers" and it gives a breakdown of trading in NYSE
stocks on a 1/2-hourly basis from 9:30 a.m. (East Coast Time)
when the market opens until 4:00 p.m. (East Coast Time) when
it closes. This is all valuable info... so...