Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: MeDroogies who wrote (2646)	3/28/2001 7:33:55 PM
From: Stock Farmer	Read Replies (1) of 74559

LOL - yes, POV is everything. At least according to a large School of Thought. <g> A few observations from this side of my eyeballs. LE: Dead horse well enough tenderized. House Money: I view each position on a go-forward basis. On a total portfolio perspective, in after-tax terms. Each trade considered in its own merit, regardless of previously adopted positions. Dice have no memory! Extremes: yes, best viewed from the middle. Wealthy: Random acts of enrichment aside, people attract and hold only as much wealth as they believe they deserve. It is incredibly easy to dispose of wealth. Thus, Cause and Effect are often mistaken. Also a gift to you: The difference between man and beast is found between Stimulus and Response. In man there is an extra step: "Choice". Enjoy... John.

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