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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Math Junkie who wrote (9009)11/28/2001 7:03:44 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
absolutely--that is what we call investing with free money:) i love that method.
And it is also why i never touch Margin--that is anti-freemoney): i had a man call me the other day,a minister,saying that he had bought CMGI at 80 and LSI at 45 and GX at 25 and AMZN at 90(on the way up he bought CMGI and AMZN).But he never sold.I asked why didn't you sell and i got the standard answer,"I just thought they would start running up again".
This quite simply was how the mindset became frozen in the wild bubble days,the average investor was simply investing in something he didn't understand to begin with,and thus got crushed badly when all went wrong.Max