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To: Lane3 who wrote (2374)9/15/2001 7:55:37 PM
From: Solon  Read Replies (1) | Respond to of 51712
 
Well, that is closer enough to agreement for me. Althoug some of my point is that the effects of massive buying or selling infornm the immediate equation--the point is that NOBODY KNOWS when the bjuyers will begin to sell or the sellers begin to buy. I remeber you posted awhile back about a bit of race track experience.

Karen, I spent all of the seventies following the horses. I am sure you have watched as the tote board went up that way--and then--when [people saw that it created opportunity elsewhweere--it went otherwise. In the end, the public always ends up with the best evaluation of the whole field. I admit I don,yt know why. But I believe it to be fact. In the end, though: whether otr not a person cashes in a ticket depends on more random variables than can ever be known by the bettor. I trust the public and their greed ands their need. When it is done they go to the cashier. Tuesday there will be more races. Hopefully the friggin jockeys won't stiff my horses...



To: Lane3 who wrote (2374)9/15/2001 8:15:17 PM
From: coug  Read Replies (1) | Respond to of 51712
 
Hi Karen,

Frankly I'm surprised but maybe I missed it because I skim a lot of stuff. But I did not see any refences discussing the "uptick rule" . I know there was a lot of illegal shorting going on intraday in the last couple of years.

And I know people can get a round the uptick rule by disguising there intentions, little buys to tick it up while they are ready with larger blocks to hammer it.

And market makers can short unlimited amounts, as I understand it. so there are some perils out there.

But I admire you for sticking to your principles, I have always been a conscientious investor, not investing in companies, that do not fit my values..

There was a discussion here a while back about subliminal messages. I never worried about it because I do not think a "principled" individual can be influenced much..

Well good luck to all us going forward..

m