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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Lucretius who wrote (4484)12/4/1997 11:26:00 PM
From: John Carpenter   of 95453
 
Traders scalp a few points, investors stay for the whole ride
(capturing the entire move). There's a lot of short-term focus
on this thread-some people complain about every downtick.
I think for these people the "investing" experience is a
socially acceptable gambling habit. They probably won't
acquire wealth-they don't have the staying power for the
entire ride. It's like premature ejaculation.
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