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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (4097)	3/25/2001 11:17:45 AM
From: putterdoug	Respond to of 52237

perhaps you hit the nail exactly on the head------

To: donald sew who wrote (4097)	3/25/2001 11:27:18 AM
From: epicure	Read Replies (1) \| Respond to of 52237

You are a true friend to try to put things in perspective. We are very lucky to be who we are. It is always good to remember our privileged status, which is a mere accident of birth.

To: donald sew who wrote (4097)	3/25/2001 11:29:34 AM
From: zcole	Respond to of 52237

A very sobering, but reasonable perspective. It ultimately boils down to GREED versus FEAR. I don't think there is yet nearly enough FEAR to balance all the GREED. Far too many traders/investors are more concerned with missing "the bottom" of this bear than fear being mauled again by him. jmo ;-) Zane

To: donald sew who wrote (4097)	3/25/2001 12:49:42 PM
From: jvbig	Respond to of 52237

Lack of response on Greed is because it an accepted fact. Heck just look at the money the lotteries in the US take in every month. Combine that with the take of all the casinos, and then add that to the money spent on market speculation. With that total we could feed most of the world.

To: donald sew who wrote (4097)	3/25/2001 12:59:53 PM
From: sam_o	Read Replies (1) \| Respond to of 52237

DONALD ! I read with curiosity the imagination and fascination to the thinking used in the scope painted by the writer.. ...Do you know the Author of this Village of 100?

To: donald sew who wrote (4097)	3/25/2001 1:03:15 PM
From: Jack T. Pearson	Respond to of 52237

You are so right regarding greed. I am grateful for what I have, but my greed was behind most of the poor investment decisions I made during the last 12 month. I am responsible for my actions, not Greenspan and the Fed.

To: donald sew who wrote (4097)	3/25/2001 3:50:23 PM
From: yard_man	Respond to of 52237

If this is the INDEX UPDATE -- things must be dire. Who will survive this "bear market" without knowing someone that wasn't hurt by the "greed?" Many people that did not even participate in the dream of instant wealth at all will feel the effects for many years ... Perhaps those who haven't been impacted have been preserved for a reason??

To: donald sew who wrote (4097)	3/25/2001 4:07:07 PM
From: minorejoy2000	Read Replies (1) \| Respond to of 52237

Don, I think many would identify with a natural difficulty in accepting losses, rather than view the problem as originating from greed. Generally, a person making $100K a year but knowing a salary cut is imminent is less happy (in regard to this) than someone making 30K but knowing his salary is increasing. It's not a matter of how much, but how things are changing--whether things are looking up or down. If I expected the market to double my net worth by next year, I might be disappointed to learn the opportunity is no longer what I thought it was, but it wouldn't be hard to adjust to that reality. But cut my net worth in half, and I'm faced with a more difficult psychological adjustment as actual losses (money, loved ones, etc.) are harder to accept than lost opportunity. My respectful opinion only. M

To: donald sew who wrote (4097)	3/26/2001 2:58:44 AM
From: heehee1	Respond to of 52237

Donald.. Your village of 100 analogy is a humbling reminder of how fortunate I am. Thank you for that. Many of us do not realize we live in a country where dreams are made of. Hence, it is an easier thing to think you're lacking and needing than to realize you have more than enough. And it is much easier to point a finger at someone else when you've lost, than to look in a mirror and admit you're to blame for making the wrong choices.... Selfishness is hard thing to give up. Isn't it?

To: donald sew who wrote (4097)	3/26/2001 8:16:55 AM
From: Casaubon	Respond to of 52237

live simply, so others may simply live

To: donald sew who wrote (4097)	3/26/2001 8:18:21 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 52237

Donald, I am not sure that your friend was driven only by greed, maybe he acted stupidly as he was "taken in" under social pressure smartly engineered by WS with a basic slogan - "invest for the long term in what WE recommend" - and brain washed by advertising and telephone calls and junk mail. He was scared into believing that Social Security will not be there wen needed and he "needs to take his financial future in the hands of a "profesional" - e.g. his investment adviser". During the last two years value was dismissed and even our Central Bankers denied the fact that we are in a bubble before the Congress - AG said in many words that the markets are smarter and as such the "new era thinking and stock valuation" is a valid one. Even our present President promoted the stock market as a superior financial toll for saving for retirement, with outperforming returns over CD's or US Treasuries. Under such a barrage of brain wash why should he act differently? I am sure he resisted for many years until he finally gave in. I think the blame is partially misplaced. Those who are really to blame still hold their office position and jobs and draw much higher salaries than your friend at a time that there are dozen of laws which if adequately enforced we would not be in the present situation, your friend would not be in dispair, and those people who induced him to do what he has done if directly or indirectly, would sit were they belong in jail. Remember jails are design to protect our society from those inflicting on us physical or financial harm. Your comparison is excellent but can not be applied to your friend situation and many others. Think about what one can afford with his monthly rent in the poorer countries I bet you much higher living standard. It is all relative. BWDIK Haim