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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (11911)	9/23/2008 12:10:08 PM
From: Fiscally Conservative	1 Recommendation Respond to of 50342

Without knowing or believing you know the future direction in a given market or security how can one distinguish between identifying discrepancies between price and risk in the present? Identifiers are key to any discrepancy between price and risk but without a fundamental basis for a future value one,imo,can not.

To: SliderOnTheBlack who wrote (11911)	9/23/2008 1:09:06 PM
From: colburg	4 Recommendations Read Replies (1) \| Respond to of 50342

Q: Is anyone getting this? A: I do most of the time when you're pointing in the right direction. Now I need to learn how to get it without as much help. I've learned a lot about which direction things are headed, but my timing tends to be off when I trade without your help and my options will expire before the major moves come. May or may not be the right answer, but at least it's straight forward WHAT????? How do you expect to learn if you are always given the answer? How are you going to make money if you don't know that the answer is right? My best learning in college always came from the professors that challenged me. I found that there are two primary types of professors: those that teach you how to solve the problem, and those that show you how to get an answer(I call them cookie cutters). With cookie cutters, you don't learn why you do what you're doing, you just follow an example, and hope the prof doesn't change the question when the exam comes. Learning to solve the problem takes much more time and brains. When you know how to solve the problem, you're ready for any trick question the professor throws at you and will always ace the test. It took me 4 years of college to learn this. Thank goodness I had 3 more years of college to apply it. It came to me while studying for an electromagnetics exam. If you really want to learn something, try setting up any emag problem starting with only Maxwells Equations. You either sink or swim everytime. But once you know it, you KNOW it. Give me the tools, as Slider has done many times, teach me how to use them, as Slider has done many times, help me learn from my mistakes, as Slider has done many times, and one day, I will have learned how to fish and will be able to eat for a lifetime. I like that Slider isn't always as straight-forward as you think he should be. It's frustrating that his answers are almost alyways right and sometimes I can't see it till after the opportunity is gone, but it makes me research and ask questions. Sometimes it's the right question, sometimes not. And that's 90% of the problem. Am I looking for the answer to the right qeustion? Because the right answer to the wrong question won't make you a dime. Keep the hits comin Slider, I love your posts. And always watch out for the chihuahuas. P.S. How's this for the results of my learning? Bought SIL last week for just over $1. Sold yesterday at $3.55. Bought SIL options at $.20 and sold for $1.20 today. P.S.S. Has anyone read Naomi Wolfs "The End of America"?