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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Elizabeth Andrews who wrote (2049)2/22/2001 2:11:35 AM
From: TobagoJack   of 74559
 
Hi Elizabeth,

<<I can't believe how naive most of these posters are>>

Believe it. Most here, if given a choice between naive and wealthier, or wise and philosophical, would choose to be naive.

We are cowards in that we do not want to lead a revolution that requires us to pay with our nest eggs and other similarly shaped dangling parts. We prefer the old fashioned monthly subscription method.

Your bullishness gives me great courage and hope for my future, and much comfort to know that you are probably not alone in your convictions.

Be very careful as the game we are playing is for keeps.

I am positioned thus, just in case the road to our common vision is rougher than we imagined.

Message 15333774

In chaotic and uncertain situations (we have no argument about this I trust), consider positioning to be possibly wrong, as opposed to having to be right.

Had we spoken to the Turkish crowd a few months back and they would have laughed in our faces when we figured it could blowup. We are now proven wrong, not in Turkey blowing up, but in the magnitude. We may be wrong about the Nasdaq Valley and the V vs W recovery as well.

Investment is not about convictions, it is about survival, then about profit.

Alway in good fun, Chugs, Jay
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