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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (11531)	8/26/2002 6:38:49 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

The stock market is overhyped as an investment arena, its more like a shark pool.. swim at your own risk and don't believe the life guards, they work for the sharks. Just my opinion, so I try to be a shark when swimming with sharks and hope I don't get bit too badly when there are feeding frenzies.. :~) Good points Jim... No doubt there are many fat cats in bed with each other... But, over the past 100 years the stock market has delivered 9% to 10% average annual returns... That includes all the bull and bear extremes... So, investors did get more for their invested money, over time, then they put in... As you previously pointed out, the information is now available to all investors much faster than ever before... This puts the average investor an a more even playing field with the institutions... In fact, nimble traders should be able to run rings around the institutions because of the smaller size of their trades... Institutions turn like an aircraft carrier, nimble traders can get in and out of stocks without causing major market ripples... As for the corporate govenrnance issue, much has to be done to reinstill broad investor confidence... That's going to take time... In the meantime the game of buying a stock for one price with the expectation of gain on the long or short side will continue... Some people will be truly investing in companies with good earnings records... Others will be going to the daily trading casinos... In either situation the person that plunks down their money had better become as knowledgeable as possible about the fundamental and technical components of investing and or trading... Jim