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

To: michael r potter who wrote (40879)	2/21/2000 1:01:00 PM
From: wlheatmoon	Respond to of 99985

to toss more into the frying pan...i've got people left and right telling me they could turn 100k into a million in a year if they could just find the time and the capital to start...they say it's easy...crazy

To: michael r potter who wrote (40879)	2/21/2000 1:49:00 PM
From: Crimson Ghost	Respond to of 99985

Let me tell you a true story! I was able to quit working at age 52. That was 4 years ago. I was able to do this because I had accumulated enough capital to live comfortably (but not extravagantly) from interest and dividends. Never in my wildest dreams would I quit working to day trade stocks. Madness must be sweeping the land. And looking back on it, I owe my success as much to luck as skill. I made a big killing in 1993 by putting everything into gold fund funds just before they took off. But if I had known then what I know now about gold manipulation I never would have done it. So this was a case of ignorance being rewarded. Now we see this same phenomenon magnified a hundred fold or even a thousand fold in the NAZ. Never have so many ignorant fools made so much money so easily. At least I know I was lucky. But I'm afraid very few "new era" types have any kind of humility left. Many of them will give back all their gains and then some.