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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: TsioKawe who wrote (23449)12/16/2000 3:48:13 AM
From: SirRealist  Read Replies (1) | Respond to of 24256
 
Hi Attiene; it is hard to imagine that a few shortists can successfully manipulate a stock price as you describe, though certainly, without stellar news to propel a price upward in a down market, they can use trader uncertainty to their advantage.

Though a normal bear market can be absorbed and superseded, a decline off a bubble like the one created in the past two years has few precedents when we consider pure points, rather than percentages. Very few recessions can match it by either measure.

Thus, against it, I'd bet 90% of us are rookies, short or long. So long as any losses are measured against that fact, every trader still trading should consider themselves fortunate to be participating at all.

As one who worked closely in behalf of homeless people not too many years ago, I well understand how thin the edges are between the healthy and the ill, between the fortunate and unlucky, between the privileged and the abused.

I'm always pleased to hear you and others report the successes wrestled from intemperate days. Good show!

Ultimately though, it is the greater fortunes of health, friendship, family, faith and love that provide far more value than Mr. Miserly Meanmarket. That's where I hope you and my other compadres here ride every pop and breakout.

Keep on investing where the values lie.


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¸.·´¸.·*`·-» Kevin
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