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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Alphapenguin who wrote (12797)7/26/2001 10:20:47 AM
From: BWAC  Read Replies (1) | Respond to of 15615
 
<I don't care which direction the share price moves, as long as it does move. There is money to be made on both sides of the fence. And that's what makes a market>

No that's what makes a casino.

What makes a market is difference of opinion.



To: Alphapenguin who wrote (12797)7/31/2001 3:44:32 PM
From: DukeCrow  Respond to of 15615
 
Opus-X,

Fair enough. Speculator, trader, or whatever -- just not investor.

You are correct on the benefits of diversification which mutual funds provide. However, I would hope most investors are doing the same thing within their own portfolios. I would never support someone having GX as their only holding. That just isn't a sound investment strategy.