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To: Dr. Id who wrote (54)	7/10/2002 1:09:55 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 562

>> The illusion of that was what has been demonstrated by the Enrons, WCOMs, Martha Stewarts, and George W's of the world. That's kind of a mixed bag, Id. Enron was a pure scam, wcom is an example of financial malfeasance, and the Martha Stewar situation is still to be defined (I read an assertion that she had a stop loss order in long before she received the phone calls). And then you tossed "corrupt administration" into the pot because you're still sore you lost the last election :-). My opinion is that losing all of your money has made you slightly paranoid. Not that there's anything wrong with that. uf

To: Dr. Id who wrote (54)	7/10/2002 12:48:45 PM
From: EnricoPalazzo	Read Replies (1) \| Respond to of 562

If you feel that you lack the information to invest (whether due to deception by the rich folks, laziness, or whatever), I don't see why trading (or "taking profits") is a wiser course of action than LTBH. With LTBH, you basically have to make one right decision (when to buy). With a strategy centered around taking profits, you have to make numerous--when is the stock high enough to "take profits"? when is it low enough to get back in? That, IMVHO, is a sucker's game. ethan