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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (4251)	6/8/1999 8:48:00 AM
From: re3	Read Replies (1) \| Respond to of 5676

the effects of stock market spec. are worse... you can only carry so much money into a casino ! and , eventually, you will get physically tired there... ike

To: clochard who wrote (4251)	6/11/1999 4:01:00 PM
From: Arik T.G.	Read Replies (3) \| Respond to of 5676

Re: Stock market speculation vs. gambling The sad part, IMO, is that in contrast to gamblers, even compulsive gamblers, that know what they're doing (but can't help it), the J6Ps that speculate in this overheated market think that they are "investing". The public that holds AMZN (a big bookstore) on margin, for example, were lured to think that they're holding a good stock that, although a bit extended, is representing future value. Holding DELL (a big computer store) at a P/E of 70 was rationalized by anal-ysts. Nobody called it gambling. Even margin and option plays are called leveraging and not gambling. It will end in tears. ATG