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Non-Tech : S. I.'s Most Wanted Bad Guys -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (16)7/8/1998 10:11:00 AM
From: D LEE  Read Replies (1) | Respond to of 157
 
Being wise? I think not...and desperate, Alas It is gone!
A poor move for a poor investor.

Such a shame, at least I realize that was against a
rather good investment principle. "don't get use to
living off your investment income". I lost my chance to
grow it. ....i'm sorry Wiseowl..... i'll try to behave now. :-)

But ..... I guess what I'm trying to get at is the emotion factor
"greed", "elation". It is generally fine when the fundamentals
behind a stock are true, or real. Dangerous when they are vague
or outright lies.

Investors and the market are a great aid to a publicly held
company, both providing usefulness for a good economy.

Today's market is being fed by constantly more money,
largely by the baby boomers in preparation for retirement. This
excess is a bumper crop of easier $$ for the scammers, so they
are attracted here in relatively increasing numbers. The flow
of money in their direction serves no purpose but theirs and
some rather fortunate investors benefiting by chance. On the
average I sense a consistent loss among investors. These are
honest and earnest people I am referring to. Realizing that some
investors like to appear successful I think it is impossible
to arrive at the same conclusion by reading just anybody's
comments. For the truth, we must choose carefully even among
ourselves whose comments are real for our purpose.

So, perhaps the "bad guys" thread will be more useful
than we now imagine. There may be many more hurt investors
than we realize!

Dave