Chuck:
The market has changed across the board and your swing-position trades are where it's at. A friend of mine has evolved into a day trader with the passion of a Las Vegas gambler -- he sits in front of two CRTs, like two slots, trading all day long. I will say, and I have watched him, it makes me too nervous. Fortunately he does very well.
I prefer buying equities in small caps that have long-range promise as well as short term attraction. Then, if I have to sit a little longer than expected, I don't worry -- at least not as much.
Point well taken on real and synthetic diamonds. The same is even more obvious when it comes to the Emerald market. A good Columbian looks like a piece of broken Coke bottle when compared to a synthetic. But what a stone! At one point I had a chance to buy, what I was told by a native, was an "uncut emerald." It was the size of a bowling ball (recalled in retrospect, so divide by 2) for 75-dollars. I turned it down. Too young and too poor to toss money away back then. Checked into the berrils (sp???) and found that it was the real thing. But... it was too late. Smart move!
The diamond industry has been running from technology for 20 years. Some of the rarer colors, the Canary for example, have been duplicated by radiation of natural stones.
Try not to mention Clinton before breakfast; as a registered Democrat, even the thought of that bugger (in the British sense) or his phoney sow Hillary, makes me want to puke.
Ciao, Ted |
