Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Eric Klein who wrote (3379)	2/21/1998 4:11:00 PM
From: Dan Ross	Read Replies (2) of 18691

<<3. Every stock market transaction is a gamble.>> This is where I disagree BIG TIME.....Good investing utilizes fundamental analysis....It is a calculated risk...Ie. risk/return scenario based on probabilities drawn out...... The fact that you utilize the word gamble for every stock transaction has me VERY concerned.....I think many people, including myself at one time, are using the stock market as their LAS VEGAS CASINO..... This is just one view point but one that should be carefully monitored by EACH PERSON themselves......Take a look in the mirror, everyone, and look at the way you invest your money.....Is it gambling or is it investing using industry forecasts, knowledge, financial analysis, etc?.....If some of these meaningful techniques arent being used it may be time to re-evaluate "investing".....perhaps a long-term view with cash stuck in a mutual fund would work out better... Dan Ross

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