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To: Dale Baker who wrote (82430)9/17/2009 2:33:28 PM
From: straight lifeRead Replies (1) | Respond to of 118717
 
That was partly my point, but not only the velocity of loss but the velocity in this unprecedented 60% RISE of the last 6 months or so; I do a lot of buy/writes and it's been making me a little nuts how much money I've been leaving on the table as my stocks get taken away every month.

Making a lot of money, losing a lot of money, standing aside while lots of money is being made by others, chomping at the bit to get in at these suddenly higher prices... it's all very stressful!



To: Dale Baker who wrote (82430)9/17/2009 3:30:22 PM
From: MoneyPennyRead Replies (3) | Respond to of 118717
 
Years ago I was in a focus group run by Faith Popcorn who tries to predict trends. She is fairly accurate. This one she called a few years back: the coarsening of America.

Before that she presaged Starbucks by talking about people paying a huge premium for something very small to make themselves feel ok.

I am an escapee from the Real Estate Crash and Bond Bubble threads. It is to depressing to me there and I have done very well this year not waiting for disaster. I thought last year and March were disaster enough and have made a good deal of my losses back since March. I am not suited to short stocks, I do not like rooting for disaster. MP