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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (56949)	1/22/2009 11:14:20 AM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

I'll play a little craps every now and again, but now my game is no-limit texas hold-em. I make no bones about that fact that I gamble for the adrenaline rush. And craps got to the point where I had to have way too much money on the table to get my rush. Now I take a couple of hundred bucks to the poker room and I can play all night. And I actually regularly walk away with a couple hundred extra dollars in my pocket. The key though is that I can get the same rush from $200 on the poker table as I can from $2000 on the craps table. With the options trading, where I lost my big money was in 2003 when I missed the bottom. I was a huge bear and was convinced that the market was going into the abyss. So I was shorting every bounce. This is why I have my little mantras about "every boom is followed by a bust" and "it's never as bad as the doomsayers say and never as great as the fanatic bulls say". and on that SPX play.....ouch!! I have similar stories though...shoulda woulda coulda