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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (3347)4/30/2001 7:58:18 PM
From: westpacific  Read Replies (2) of 74559
 
There is risk taking and there is gambling - this is a gamblers market, not a traders nor an investors.

Certian people have enough capital they do not have to gamble and others don;t and those are desperate souls out to recoup losses or build capital because they did not save when the going was easy. The smart money did save over this 20 year bull run and protected capital - I am in this camp and refuse to overleverage in this current market. I play, just small is all and capital preservation is my main goal.

So sad that main street Wall Street is leading the herd to be slaughtered.

West
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