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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (20004)	6/19/2002 1:13:40 AM
From: Maurice Winn	Respond to of 74559

<<I don't think I'd be a very good speculator>> <And yet you try, with the Q?!> Jay, I do try to time my buying and selling and have historically done okay, so I suppose I'm not the worst monkey in the village. One is automatically a speculator in that the decision to buy at a particular time is a speculation that the price won't go down subsequently. I can't avoid that aspect of speculation, which is why I buy when everyone seems to be beaten up, sad and selling in a stampede [and sell when it's the opposite]. But I'm not trading on short term movements [other than to alleviate an untenable position when weighed down with debt]. Mq