Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: sam who wrote (54132)	9/28/2000 11:37:34 AM
From: MulhollandDrive	Read Replies (1) of 63513

I always try to remember that the guy on the other side of the transaction IS NOT MY FRIEND, he is my ENEMY. He is trying to raid my bank account. Brokerages have a dilemma, they HAVE to trade to make profit, yet the mantra is always LTB&H for the individual investor. The optical downgrade reflects, imo, the reality of that dynamic. I think we are going to see an increase in these "seiges", "raids", and "attacks" so the volatility will continue to increase. Therefore, it's important to never be "fully" invested in this type of market, fire sales are useless if you don't have cash. That's CASH, not margin.

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