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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (65881)7/3/2005 8:03:30 PM
From: shades  Read Replies (1) of 74559
 
Right, let's make a deal game show only worked because of people's stupidity, just like the casino works and just like wall street works - if everyone started playing the game in ways that were to thier favor - the rules would have to change or these entities would die off. It is a ponzi scheme like all others - without greater fools it ends. Since monty set the rules on his show, casinos set the rules on the floor, and wall street sets the rules on the markets - how people expect anything other than LUCK to really help them is a mystery to me - but many believe it - hehe. How many smart people failed next to soros and buffet?

RE: GOOG - I do not pay GOOG, I do not buy products advertised in GOOG ads - Most products I buy are after reading many user reviews from various places on the net - I think this is true for many people I know - I don't think the advertisers on GOOG will be getting a superior return on thier marketing dollars long term - long term Goog may do the CSCO - but I am a dummy like Phil, I don't think I am smart enough to know how to time it with all the machinations and crooks on wall street. The house is designed to beat you over time as it must be to survive. However according to Phil's teachings, a spike like GOOG has had - on less than stellar volume is bound to come falling down.

You can buy a lot of puts and just watch it closely laddering them with tight stops - eventually you will be right and win the trade with just a few small losses no? I think this is what the general is doing - or hope so - he KNOWS it is going down - it is just a matter of timing no?

I don't know why you go to YHOO message boards - I used to go to the XOM yhoo message board - but I felt myself getting dumb and dumberer (hehe) each message - what benefit do you see from wild rednecks posting on yhoo boards - entertainment? Hehe I used to go to the circus and laugh at clowns with thier funny faces and big shoes - I even paid for tickets for this - but I guess after awhile it just doesn't make you laugh as much.
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