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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (20776)7/6/2002 12:02:48 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Maurice, <<It's odd that people don't understand ... make decisions ... according to what we think will do best for us>>

Message 17699416

"The problem with trend is that, once in place, difficult to twist around:0("

So many discount rate cuts, plenty of frauds, copious quantities of scoundrels, and yet, so much hope remains, until twisted into fear, as is happening now, slowly, but happening. No, I am not talking about Zimbabwe.

Maurice, you must try to think as the crowds do, but in anticipation of how they will think, and do accordingly, now, so as to meet them head-on, later, when they think as you figured they would.

Game theory 101.

Chugs, Jay
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