Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: sea_urchin who wrote (20947)	5/12/2004 12:28:33 AM
From: Raymond Duray	Respond to of 81137

Searle, Re: Someone with your experience is truly qualified to offer advice. LOL! I'm reminded of the old adage about the best teacher being experience. Unless new investors get a taste of betrayal, they usually remain gullible enough to be had. Speaking of gullible, by my act of faith, I joined a long line of worthies who've been seduced by the siren songs of the market mistress. Some here may be interested in the etymology of a term that is used in American political parlance to indicate an office holder who cannot run for another term in the office he/she holds. The term is "lame duck" and for well over four decades, I understood and used the term without understanding how it came about...... In the early 1700s, one of the first and most spectacular stock bubbles in the history of speculation played out in the coffee houses of London. The South Seas Bubble dal.ca tinyurl.com was a cataclysmic event for many an unwary speculator who enjoyed the wild ride from the confines of the coffee houses on Exchange Alley, the forerunner of today's London "City" district. As you might know, the famous Sir Isaac Newton was a speculator in South Seas stock. At first, succeeding wildly, then, when the market failed to correct, he plunged in again only to lose his original profit and then some. And the ruined speculators were seen walking out of the coffee houses with their worthless holdings and out of Exchange Alley in the fashion of "lame ducks" according to observers of the day.