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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Lhn5 who wrote (7601)	3/10/2006 12:31:00 AM
From: ahhaha	Read Replies (1) \| Respond to of 24758

I think there is a potential difference here between an individual versus a fund manager. I think to make it longer term you have to be able and willing to completely reinvent your investing strategy as conditions change. Bad move. Why not assume they're smarter than you? Isn't that equivalent to "reinvent your investing strategy"? A fund manager has constrains that might make this impossible to do to the degree that might be neccesary. Maybe you're not paying attention to my often repeated remark that everyone is a trader these days. Fund managers are trading more than most traders. I can go from my current portfolio to 100% technology or 100% cash in a day or two if I really wanted to. So can they. The markets are that liquid. I try to make this point on the Yahoo chat boards all the time, but they just can't accept it. Well, yes, and yes...I am currently waiting with terror and anxiety for the next axe to drop, lol. If you're not waiting in terror, you're still a beginner. Stocks are almost worthless. What are they? A court enforceable claim against a theoretical asset. 'crats want to abandon the ME because they say the US has no right to be meddling there. Tell me what your court enforceable claim is worth if the US abandons the ME. 'crats say it would be worth a lot because they assure you that nothing would happen in the ME if the US abandoned it. There's no ax to drop, LOL. Well it has been a publically traded company although it also started out very small. I was not an insider but studied hard, I should refer this comment to Grace for a laugh. What do see as the fatal flaw for oilsands? I already made the argument at various times here. If oil rises, oil comes on stream faster than sand becomes economical. If oil drops, sand is sand. Oil must rise or fall, so sand is sand.