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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (11209)9/2/2003 8:15:29 AM
From: Sig  Read Replies (1) of 13815
 
Thanks Greg:
I have enough difficulty keeping track of what I own, or why I bought it. These bull-put spreads and so on are just barely within my understanding, without having to keep track of those also.
Most of those are used to "reduce the risk" which implies investing is risky, which it is of course.
Complicated systems are for horse-players who cant make it on straight bets , but are convinced if they only get the right system they can win anyway.
So we have to take a chance regardless, in which case I say go for it, but just pick the right stock
and bet to win, not to show.
Or here in the market we can even bet to lose and make money with puts.
With a 14 month high on the Nikkei, people are liable to think we are in a true recovery phase(g)
Every day somebody.has a better performer than I do- Fdry, Jcom, Jnpr, Yhoo, when I am stuck with crummy stuff like Nte or Tsco or Hott. The grass is always greener in the other bulls pasture.
And Jcom and Hott split today.
Sig
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