Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Stuart C Hall who wrote (841)	1/26/2000 12:14:00 AM
From: jttmab	Respond to of 10713

I perhaps am not the best to slap some sense into you as my IRA is only up 120% in the same period and was feeling pretty good until I read your post..Thanks a bunch. My advice FWIW, forget that you've made 475% or 800%; the damn money is yours, don't give it back. But then again, I don't play obscenely overvalued stocks. As the dealer at the blackjack table says: "Good luck" jttmab

To: Stuart C Hall who wrote (841)	1/26/2000 2:44:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 10713

I can predict the movement of the heavens, but not the madness of the crowd -- Sir Isaac Newton With that said, let me say that I'm a fairly good black jack player, in fact, Queensland government footed the bill for my entire Australian trip over a course of 3 hours. Almost all the winnings came from 3 games that I bet all I had before I even saw the cards. My secret is simple. I look at the cards on the table and the run that the dealer has had. Then I try to estimate how likely it is for that trend to continue. So if I've watched 20 low/midle cards go by and the dealer holds something under 7, then I bet big and hope that he'll bust. The same reasoning gets me off the table once I triple my money. Successful trading and black jack have a lot more in common than people realize. ST