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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (67789)	8/18/2005 7:39:27 PM
From: shades	Read Replies (1) \| Respond to of 74559

My current GOOG position is doing fine. And it will head down more and more... Have you looked at the GOOG chart recently? And now the market is heading down I am getting calmer and calmer :) BWAHAH - calmer? don't admit to being emotional - that is for gerrymander - not an economic trading machine - hehe - No I have not looked at the chart recently, I am not trading it - too many CNBC cramer types talking about it, so I suspect they are misdirecting lots of folks from other plays right now - keep people focus on one race horse - they miss all the others. Phil talked about that today with the girl killed in Aruba - he say that sucks - but there so many other things the media could be teaching the public - instead of talking about dead stinky hole. Misdirection - Its like YOU MOO - you could be teaching your students how to REALLY make MONEY - instead you keep the really good stuff secret (your system) - see its all the same. hehe When GOOG issues (pi-3)100million shares today it was big news. Still only 2% of my portfolio.* That is 2% that could be making money somewhere else perhaps, and like my analogy with chess - its the small long term position plays that can sink you or make you - the guy that plays black jack long term with 49% odds may look smart - and wont blow up like ayn rand short term - but long term he is just as dead - but that guy that play 51% - he gonna win. 2% make a difference You seem to spend a lot of time insted obsessing about why you can't win. :) You can't if you get emotional, you can't if MOO is your prof and hiding the good stuff and secret knowledge, you can't if you play blackjack 49% - not long term - like Borf in Space Ace say - You cannot WIN - hehe - but there are ways to play to win. Like the environmentalist thoreau say - If you have built castles in the air, your work need not be lost; there is where they should be. Now put foundations under them. Phil say it far more important to learn how to NOT LOSE money than make it, have to have failures to understand what it is to fail. Mark Mandell, - the WIZ and his crystal ball - he was a nasdaq market maker, he figured out there was more money to be made selling seminars and memberships to sheeple than trying to guess the future - hehe. Kiyosaki figure it out too, make more money telling half truths and fantasy and misdirection selling stuff to sheeple and giving them a fantasy then really going out into the world and doing something really productive. Like father fox say in wall street - bud go out and create something, all this making money on the buying and selling of others - its no good son - hehe. I hear you though MOO, GOOG just for fun - take your mind off all the serious stuff - MOO let me ask you a question - why do most people pay far MORE for entertainment than they will for education?? Why do you think it is valued so much lower to our supposedly modern society? Bread and Circus Rome stuff - we supposed to learn from dat no? hehe