Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (3426)	5/4/2001 11:27:24 AM
From: jim black	Read Replies (1) of 74559

PEZZ!!!!!!! Brilliant disclosure and quite insightful, helpful, honest and refreshing...you have nailed a point of debate on the head, one not always disclosed in this thread but implicit to much of our discussion here. You ARE in it for the game of it and some of us here, I daresay, are there to play with you. Others among whom I count myself are to the point we have made our chips at our seat at the table and don't want to lose them. Like many who have said so here on this thread, I side now with those of us who merely want to preserve capital as much as make it. That point I believe is at the heart of some issues which seem to be a bone of contention from time to time. Though probably none of us here is old enough to actually remember 1929-32 (not even me) some of us like Jay Chen have lived through scary times in their lives when they have lost everything but the opportunity to continue breathing. Thanks for your open disclosure of a what I view as a very respectable position...a person who has money to play with and who is willing to play with it in dangerous times. jim black

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