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Strategies & Market Trends : ACRT going to Zero -- Ignore unavailable to you. Want to Upgrade?


To: NotNeiderhoffer who wrote (129)6/17/1998 1:56:00 AM
From: David S.  Read Replies (3) | Respond to of 320
 
Listen you weenies, I have been given the secrets of investing and because I feel sorry for you, I will relay them to you. This is taken from The Cabot Market Letter. "Why You Should Never Sell Short"
1. You must put up your own money,
2.You must pay the stock's dividends to whoever you borrowed the stock from.
3. You can never double your money, since the stock will NEVER fall to 0.
4. Losses can be unlimited.
5. Since stock prices rise on the average, odds are against you.
6. A psychological hurdle of being able to maintain a pessimistic attitude over time may be difficult.
I submit heretofore, that Carlton Lutts theories should be adhered to at all times, and that at no time are any stock prices ahead of themselves, but that more often than not, prices are too low. Always buy, never sell.
Q: is it me or has anyone else noticed the volatility of the Turkish market? Geez.