SI
SI
discoversearch

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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (124458)5/2/2001 1:32:19 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>I don't buy into the above. I think the smart investors are the 'Big Mo' crowd.<<

do remember when i was hammering home the point that most folks that make money don't keep it? the big mo crowd is notorious for this.

look at william. he totally gambled in an irresponsible way and was rewarded beyond measure. even rational folks followed his gambling b/c it worked for so long.

then what happened? william lost the vast majority of his HUGE gains due to a bankrupt gambling mentality. mo mo types tend to buy high and sell low. in fact, the momo types are just getting into this market b/c they need a HUGE change in direction to give them an indication of the momentum *before* they gamble their dough.