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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: mcg404 who wrote (17749)	3/31/2003 12:56:57 PM
From: sea_urchin	Respond to of 81101

John, I didn't take offense at what you said. I've been on these boards long enough to know that people, including myself, frequently don't mean what they say --- or say what they mean. Apropos gold/shares, I'm not selling anything or trying to convince anyone about anything but having been on this thread for a long time, and having been positive on gold investment for the past 2 years, I felt I owed it to the others to mention what I had done. I am not like some people who encourage others to buy (or sell) so that they can do the opposite. I certainly don't punt shares. Advising people about share investment is something I learned long ago is something one doesn't do. In fact, there's no better application of the expression, "The road to hell is paved with good intentions," than giving people advice about shares. As far as my statistical analysis, and what I learn from it, is concerned, that's also something I don't talk much about. I just mentioned it to show that my decision was based on certain objective criteria and was not merely plucked out of the air. As you know there are lies, damned lies and statistics --- and this is statistics. BTW, I'm not right 90% of the time, 90% is merely the statistical probability of the assumptions in the "model". In fact, the model may not be right. After all, there hasn't been a situation similar to the present one ever before and since the assumptions in the model are based on past, not future, events there is a good chance that the model is wrong. I don't know about the "crowd" being right or wrong because I don't know how one finds out who the crowd is or what they do. However, looking at the indices, and knowing how much they have fallen, I am quite sure that many people have lost a lot of money.