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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Telemarker who wrote (1322)3/10/2001 10:21:03 AM
From: Tommaso  Read Replies (1) | Respond to of 23153
 
For my part, I thank you for the Rogers quotation. I will never be exempt from the itch to switch when I am making money, I am afraid--or from the terror of error when I am losing.



To: Telemarker who wrote (1322)3/10/2001 12:35:58 PM
From: Think4Yourself  Read Replies (1) | Respond to of 23153
 
I agree that was a great link about Cramer. Amazing how fast he did a absolute 180 and tried to rewrite his past actions. Was there even a time when he was waffling or uncertain, and discussed the reasons for his changing attitude? Did he just wake up one morning in a different reality with a different recollection of his past statements? Have seen that before ;o)

When will the king of the Natural Born Traders name his favorite NG stocks? Hope none of mine are on the list.



To: Telemarker who wrote (1322)3/10/2001 8:20:39 PM
From: Sharp_End_Of_Drill  Read Replies (1) | Respond to of 23153
 
Telemarker, with regard to the China 800# gorilla.

I too have been tempted to try to get a piece of their economic expansion, but I've stayed clear so far.

China is still far too communist, and I wouldn't doubt one bit that they could pull some re-nationalization shenanigans which would bilk all investors out of their money.

The risk of China starting some sort of war is also very real, and that would I believe almost certainly result in investors getting taken for a charity contribution.

They really just don't care too much about individual's rights, or the tenants of capitalism, both things that result in extreme risk for investors - particularly foreign ones. I think they see an opportunity for funding growth that they just can't pass up. So far I've decided to stay out, and will probably not change.

If I seem too cautious today, I guess that's because I'm worried. I too have been making money in these very difficult markets in recent weeks - at a time when I know the vast majority are not. I'm up about 25% so far this year and sitting at my all time high, but my gains are mostly from shorts and very short term long scalps on energy stocks. I'm in a position now where I think it may be best to sit by with large cash reserves to wait for another easy opportunity.

Sharp