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Technology Stocks : Ascend Communications (ASND)
ASND 207.68-0.7%10:26 AM EST

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To: Jan Crawley who wrote (36282)2/24/1998 3:24:00 PM
From: Greg h2o  Read Replies (1) of 61433
 
Jan, I'd expand that to gambling depends ENTIRELY on statistics. I have a friend who gambles who thinks much like traders. If I flip a coin and it comes up heads three times in a row, he finds it extremely difficult to understand that the next coin flip's odds remain at 50/50. Surely, momentum has to play into it...<g> He's NEVER made money for sustainable periods of time, and I just LOVE to play poker with him!
regards,
greg
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