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To: Jill who wrote (285919)5/3/2004 10:33:30 AM
From: zonder  Read Replies (1) | Respond to of 436258
 
Who ever knows what the market will do and when?

Quite a few of us do. Not all the time, but consistently enough to be paid big bucks for the investment advice.

If your position is that it is impossible to guess "what the market will do and when", then you must think all investors (including all of us here) to be lunatics playing dice with their money. And those of us doing this for a living must be orchestrating a sham :-)

it's simply being a trader--what is the problem with that?

Nothing wrong with being a "trader". However, your dilemma presents itself here again - To make money, even traders need to guess which way their chosen investment is likely to go (up or down).



To: Jill who wrote (285919)5/3/2004 10:58:22 AM
From: Michael Watkins  Respond to of 436258
 
I am never sure of myself. LOL

(that's what stops are for)

My thoughts on doom and gloom centre less on the value of paper money than the continuing disparity between rich and poor states, failed states, dependency on energy, issues related to security and safety of food supply, and the general "dumbing down" of the average person in the western world via twinkie-atkins-fad of the day cycles and reality tv reprogramming LOL