Hi Brook,
Well I would like to dis-spell any thoughts that BBs are any different then BCs. The only difference is that they work on shorter time lines an smaller increments. Now I can make many cases with folks that think BBers are more riskier then BCers. Take a look at Amazon, Yahoo, Qualcom an the list goes on, Oricale is another one. All those folks that where on margins have been devistated. So don't tell me about dreams an expectations. The difference is that you buy one company, 100 shares @ 10000 dollars, an the other 10000 shares @ 1000 dollars. One moves 10.00s for a 1000.00 profit an the other moves .10 for the same return. So tell me, where is the best return for the dollar???????? Tell me where the risk is any different. Myself, I would rather loose 700.00 then loose 5000.00.;-))))) Doesn't take a Harvard education to figure that out.;-))))))))
Now there are those proponents that say T/As don't work on BBers. In fact they do an the pro-traders on BBers do use them. You just have to change your settings. Thats all. The time lines are shorter. I use the same time frames for MOT, XRX, ADTK. OH! an by the way, I'm not a owner of MYCO. I wouldn't own it at this time. I only follow it for a friend that doesn't have a program an he doesn't like it when I tell him what it is going to do. So, I won't tell him anything anymore an won't post over there anymore. If you don't like the news or information then don't ask. That is the way I look at it.
So Brook, I hope this explains my earlier post. I wouldn't be so quick to look at BBs as a nothing market. It takes a lot more skill an DD to trade there then it does on the regular markets an without a program, you are shooting in the dark. Buying in the blind.;-))))))))) Betting on a hand without seeing the cards.;-))))))))
I agree on your perceptions to some degree on why folks buy BBs but remember, that is why they bought Amazon, Yahoo, ect. ect. ect.. The list is endless on the Chip side that are now down 50, 60, 70, 80 % where they where last year.;-((((((((((( You can thank the pros. for that. The so called analyists. The experts.??????????
Food for thought.
Ron |
