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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: jttmab who wrote (36263)	12/30/1999 9:28:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

>>one more illustration of my dumbness<< Let me add to it. Imagine you ran a company that had over 80% market share and had to file for chapter 11 while watching net stocks fight over market share with no clear winners, just some with a temporary lead have their share prices go up 100s of percent while losing more money than you ever could. Now can you just imagine trying to decide if you should change your name to "fruitoftheloom.com? Here we have a blairing example that market share doesn't mean squat, yet the "investors and I use that term loosely just can't fathom rational thinking. Many are doing well in this market but those people are no longer investors, trders or any other historical market type people, this is a gamblers market pure and simple. You gamble on a stock and then gamble you will be able to get out in time and gamble that other gamblers will raise the price higher in over valuation that the extreme you bought it at. Why doesn't the exchange just rename the pit guys "bookies" and just get it over with? <ng> Good Luck, I have to call my bookie, I mean broker now. Lee