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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (24747)	9/30/1998 8:51:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

GM, Gotta disagree with the football analogy. A football game has set rules and impartial officials making sure that both sides have an equal chance. Football also is a short term event which is played only by experts who get paid regardless of their performance (much like fund managers). INVESTING, on the other hand, is a self capitalized, risk oriented, unofficiated, free-for-all with much uncertainty and questionable rules that anyone with the money can participate in. It is more like gambling than sport and can have huge rewards or losses based on timing, rationalization, and luck or misfortune (as the case may be). It is the game of financial life and risk/rewards. Sometimes the downside potential doesn't justify the risk and sitting on the sidelines or in "safe haven" investments is preferable to taking an unnecessary chance of losing ones' hard earned stake. I, for one, am not willing to bet my position on the flip of a coin. This is life, and if it is played like a game, I want to be the dealer and see all the cards to make sure I have a more than equal chance before committing MY money. Just my opinion, BB

To: Gottfried who wrote (24747)	9/30/1998 9:27:00 PM
From: Paul V.	Read Replies (1) \| Respond to of 70976

Gottfried, Thanks for the post. I retrieved the data about 11:30 am today. It feels good to get the data before many of the brokers get the DW data and is well worth the $25 monthly fee. I will be picking up DW's full report from my broker Thursday morning and see how it corroborates our data. If all the indicators are correct and we are near the bottoms then all we have to do is wait in the short term for the market to continue to move up and reap the rewards. Just my opinion. Paul V.