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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (3491)5/7/2001 2:20:23 PM
From: smolejv@gmx.net  Read Replies (2) of 74559
 
Pezz: I guess one dimension we have to name by its name here is the dimension spanning haves and havenots. Im in no position to label anybody here - not even myself, but on the basis of what I'll write, I would be a natural for havenots.

The havenots want to make it. Their (psychological)risk [ie something to be avoided} is "not making it". They have some sort of a farm, but are not exactly happy with it and are ready to bet on it to move on.

The haves on the other hand are (if at all) concerned with keeping it, ie their risk (if they are soundly paranoid) is "losing it", either via inflation, assets depreciation - you name it.

Of course the actual, objective status is immaterial - I just need to look at my wife, kids and our cat in my mind's eye, and I "get concerned with keeping it".

We are all different, and that makes us all so similar.

dj
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