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To: Stock Farmer who wrote (14213)1/30/2002 3:31:53 AM
From: smolejv@gmx.net  Respond to of 74559
 
re Message 16961537

Italians say "Si non e vero, ma e ben trovato" - 'even if it's not true, it makes a great story.' It's a great story alright, what Mq wrote about Hobbits and their investment history. Does it reflect the non-Tolkien reality? - One thing for sure does not: "They never did increase the number of hobbits." Huh? Look at the money aggregates this side of the Middle Earth lets say the last 5 years.

"What's the difference? They got slaughtered anyhow, right?" Well, would the model be adjusted to include this small detail, then things would improve appreciably; - every one in Shire would be richer hobbitwise.

And so on. Like I said, it makes a nice bed time story.

dj



To: Stock Farmer who wrote (14213)1/30/2002 4:11:40 AM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
John, having made the gains, just keep them by keeping the cash or the stocks. The trading gains are made by selling overpriced shares and holding cash or buying underpriced ones and holding shares. There's no need to then move on once they are correctly valued, unless more opportunities are being dug up [at a loss less effort than digging gold].

The losers paid too much for a stock [such as Globalstar or Global Crossing], or sold QUALCOMM or Microsoft in 1996. There's no need for those on the winning side of the trades to flee, unless they find something better to do.

Mq