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Politics : Ask Michael Burke
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To: Skeeter Bug who wrote (41654)12/31/1998 7:02:00 AM
From: Skeeter Bug  Read Replies (4) of 132070
 
to all: something to consider. everyone agrees not to get emotional about stocks. however, i received a rather nasty flame saying i was essentially a bad person b/c i was trying to make money on falling stock prices.

let me straighten this person and other people out. the object of this game is to make money. it is pure emotion that makes people think the only right way to do this up. sure, emotionally, i'd like to buy a stock, make 40% a while while earnings decrease or stay flat and retire rich. emotionally.

intellectually, this game doesn't last forever.

i invest on analytics, not emotions.

we all wish the market went up forever based upon emotions. many of us bears want to REDUCE THE SIZE AND C0NSEQUENCES of the upcoming bear market by seeing the markets deflate from lower levels and more slowly than will happen if more cash is emotionally thrown at this puff pastry market.

so, identify whether you are an emotional investor and, if so, caveat emptor....
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